Thinking Of Robbing A Bank?
![[Edison Universal Stock Ticker Machine]](http://www.livingoffdividends.com/wp-content/uploads/2008/01/edison-universal-stock-ticker.jpg)
If you’re thinking of robbing a bank, you’ll probably get less than $50,000 and more than likely get shot in the process. The more well-read crooks among you might instead try the Museum of American Finance, located at the site of the original Bank of New York building dating to 1797. And its only a block away from the New York Stock Exchange, home of some of the biggest crooks on earth! Okay, maybe I’m being slightly facetious here (or maybe I’m not!).
Apart from containing a host of educational financial stuff like original stock certificates, an Edison ticker tape machine, and jars of various commodities, it also contains a 60lb bar (or maybe slab is a better word) of gold. If my math is correct, 60lb comes about to 846.395 Oz of gold. Not sure what the purity is, but if its 99.999% then at todays price $890/Oz, it’s worth $753,291. Much better takings than at a bank!![[60lb gold bar]](http://www.livingoffdividends.com/wp-content/uploads/2008/01/60lb-gold-bar.jpg)
The Museum of American Finance recently reopened after a $9 million makeover. The next time I’m in New York, I’ll try to visit it.
If you found this post helpful, consider donating to my coffee fund!![[del.icio.us]](http://images.del.icio.us/static/img/delicious.small.gif){kind=small}
-
Gold Jumps: Has It Become Correlated To The Stock Market? I've been an avid collector of gold and silver coins and have been following the prices for a years. Gold is supposed to have a negative correlation with the stock market. This year has proved otherwise. Of course, as we've seen repeatedly in the past, all asset classes correlate to...... - Are Stocks Better Than Other Investments? There's always someone at a party who's claiming their investment asset of choices is the best. In 1999, it was stocks. In 2005, it was real estate. Right now, I'm claiming its Canadian Income Funds and commodities like gold. But is there an investment that's actually better than something else?......
-
Insurance Company Buys $400 Million in Gold According to a recent report from Bloomberg, Northwestern Mutual Life Insurance Co., the third-largest U.S. life insurer, has been buying gold. This is the first time in its 152-year history that Northwestern has purchased gold. According to Northwestern CEO Edward Zore, âGold just seems to make sense; itâs a store......
Related Websites
- Gold is real money Measured in gold, the DOW is now about 9 oz of gold. It was over 50 oz about 7 years ago. The DOW is down, not 40%, but about 80% in real terms. It will go to one or two oz of gold eventually and lose 95% of its real......
- Top 10 Largest Global Gold Mining Stocks This is a list, for resource purposes, of the world's top gold producers by size (market capitalization). For consistency and ease of comparison, I have listed them according to their NYSE ADR tickers and values, in order of their market cap. All values in USD. Note that I have limited......
- Are Your Resources Swallowed Up By Parkinson's Law? Every time I've heard about Parkinson's it's been in the context of the debilitating medical condition that my grandmother died of. Recently I've read about a different kind of Parkinson's - Parkinson's Law. Even if you don't recognize the name, I'm betting that you've come across the phenomenon. Wikipedia's definition......
[All content is copyright of Living Off Dividends & Passive Income]
January 14th, 2008 at 3:23 am
These are not crooks on Wall Street, merely opportunists.
Why wouldn’t you steal as much as possible, knowing there is little or no chance of prosecution by this federal government? Hell, that ego-centric, incompetent, moron in the White House actually attended Ken Lay’s funeral.
Take a peek at the extremely long list of present day Republicans (in government and business) that are in or going to jail, and understand it represents a very small fraction of those that should be.
Need I say more.
P.S. To you limbaugh/o’reilly/kudrow/hannity sheep out there, don’t bother pointing out the very few comparable dem’s. They’re not the ones that spent the last seven years using their power to financially screw their own children and grandchildren. Although they are culpable for being outsmarted at every turn.
Try putting America first. Go Independent. You’ll feel better about yourself.
January 14th, 2008 at 5:37 am
Robert,
You’re correct. The real crooks are the ones that misuse the trust and power they’ve been given; the no-bid contracts in Iraq, the HPV vaccines that the FDA knew were useless, the legislation of useless bills designed to protect a small segment of society to the detriment of everyone else.
Those are the real crooks. I stand corrected.
January 14th, 2008 at 5:37 am
Robert,
You’re correct. The real crooks are the ones that misuse the trust and power they’ve been given; the no-bid contracts in Iraq, the HPV vaccines that the FDA knew were useless, the legislation of useless bills designed to protect a small segment of society to the detriment of everyone else.
Those are the real crooks. I stand corrected.
GO RON PAUL!