Trump takes gold for rent

Kip · September 15, 2011 1:14AM

Text

Baley · September 15, 2011 1:53AM

Amazingly symbolic publicity stunt, this kind of stuff often marks the top in lots of markets.

Be careful out there

derryb · September 15, 2011 1:58AM

PR for both parties.

both parties better be careful how transaction is reported as income by one and expense by the other. IRS would love some PR as well.

Kip · September 15, 2011 2:52AM

<< Amazingly symbolic publicity stunt, this kind of stuff often marks the top in lots of markets.

Be careful out there >>

Just look at gold..It has burst

Baley · September 15, 2011 3:22AM

Gold is currently bid at a very patriotic $1776.

It's probably only really worth half of that. the rest is hype bubble isn't it?

MsMorrisine · September 15, 2011 4:03AM

not a sign of the top unless the federal debt has changed for the better recently????

this is just a publicity stunt for the both APMEX and Trump.

Both love the free advertising.

The sad part is that this message sent will not be a message received by anyone important.

mrearlygold · September 15, 2011 4:06AM

So when are the heroes going to invade and then hang him ?

Overdate · September 15, 2011 5:22AM

<< Gold is currently bid at a very patriotic $1776.

It's probably only really worth half of that. the rest is hype bubble isn't it? >>

Absolutely! Remember, the supply of dollars is limited but the government can print all the gold it wants.

mrearlygold · September 15, 2011 7:00AM

<< 

<< Gold is currently bid at a very patriotic $1776.

It's probably only really worth half of that. the rest is hype bubble isn't it? >>

Absolutely! Remember, the supply of dollars is limited but the government can print all the gold it wants.

>>

roadrunner · September 15, 2011 7:03AM

Why shouldn't Trump take gold? The too-big-to-fail banks have already instituted similar policies stating they'll take it as well for payments/collateral.

I'd take it too....and so would a few supermodels.

roadrunner

Baley · June 28, 2013 7:44AM

Depends on what was done after the gold was taken in payment. If sold at that time and locked in that price, then what's the advantage of taking it in the first place?

If sold later for a loss, or held till now, should have stuck with good ole dollars, it turns out.

Gold price since then

derryb · June 28, 2013 8:11AM

<< Depends on what was done after the gold was taken in payment. If sold at that time and locked in that price, then what's the advantage of taking it in the first place?

If sold later for a loss, or held till now, should have stuck with good ole dollars, it turns out.

Gold price since then >>

Maybe he's aware of the long term gold value vs. dollar value and not just thinking about his needs for tomorrow.

KUCH · June 28, 2013 11:10AM

Trump can be smart.

he obviously doesn't need the cash.

Baley · March 5, 2014 3:52AM

Wonder if he still has the gold?

bluelobster · March 5, 2014 5:35AM

Baley, my understanding is, he's using it to coat the strands of his fantastic come-over.

ricko · March 6, 2014 1:05AM

MAO.....good one BlueLobster....Cheers, RickO

Baley · March 6, 2014 1:12AM

Is that a shot of Trump in the new Hunger Games movie?

Trump takes gold for rent

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