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Don't flash your gold

derrybderryb Posts: 36,823 ✭✭✭✭✭
in Precious Metals
'Gold Man' battered to death

Gold Man was a topic of discussion here a while back.

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • BBNBBN Posts: 3,761 ✭✭✭
    You become a criminal magnet. Nobody knows what I have besides my brother and my wife. My brother only knows because he buys gold also and we just keep it to ourselves.

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  • Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭
    Geeez !!! ??
    Timbuk3
  • johnny9434johnny9434 Posts: 28,334 ✭✭✭✭✭
    i remember that story. that is why some things are better off kept in a safety deposit box. and the less someone knows the better off one is.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Totally agree.... discretion is advised. Discretion and a good security system.... as well as personal training with a firearm....I have all three. image Cheers, RickO
  • OperationButterOperationButter Posts: 1,672 ✭✭✭
    Thats terrible, I feel sorry for his family. Now does the son wear the shirt or melt it down? I dont think id melt it, but keep it as a remembrance of my father until i needed the funds. I don't think id want to pass it down to my kids though.
    Gold is for savings. Fiat is for transactions.



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  • AUandAGAUandAG Posts: 24,762 ✭✭✭✭✭
    Loose lips sink ships.



    Float your boat by keeping quiet.



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  • GolddersGoldders Posts: 28 ✭
    When I saw his pic on the internet the first thing I thought it was a joke, ugh... .
    Never stop stacking
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,293 ✭✭✭✭✭
    It didn't hurt King Midas, Farouck, or Mr. T.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    Midas and Farouk had a major security team.... Mr. T. WAS his security team...image Cheers, RickO
  • guitarwesguitarwes Posts: 9,266 ✭✭✭
    Feel sorry for the family. But in this day and age if you advertise such you're basically asking to get assaulted.



    I know a older lady who basically wears the maximum amount of gaudy gold rings, braclets, necklaces all over her body everyday out and about in public. Her and her husband were part owners of a gold claim in Cali and Colorado and spent their summers panning and accumulated a good amount of gold which they turned into jewelry. Just putting yourself out there like that is a "come and rob me" sign blinking over your head.

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  • SkyManSkyMan Posts: 9,493 ✭✭✭✭✭
    While discretion is the better part of valor with regards to publicly displaying items, from reading the article it does NOT appear that the dealer's wearing the gaudy outfit was what got him killed. It was his money lending job that got him killed. After all, a murdering thief would have killed his son too and stolen the item.
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  • gripgrip Posts: 9,962 ✭✭✭✭✭
    Originally posted by: BBN
    You become a criminal magnet. Nobody knows what I have besides my brother and my wife. My brother only knows because he buys gold also and we just keep it to ourselves.


    Now everyone knows,Lol

  • johnny9434johnny9434 Posts: 28,334 ✭✭✭✭✭
    Originally posted by: ricko
    Midas and Farouk had a major security team.... Mr. T. WAS his security team...image Cheers, RickO


    so was chuck norris image
  • DoubleEagle59DoubleEagle59 Posts: 8,314 ✭✭✭✭✭
    Man, that is a dumb move.

    No way he could fight back with all that weight on his arms and chest.
    "Gold is money, and nothing else" (JP Morgan, 1912)

    "“Those who sacrifice liberty for security/safety deserve neither.“(Benjamin Franklin)

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  • metalmeistermetalmeister Posts: 4,586 ✭✭✭✭✭
    yea, but you gotta be built like Mr T too
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