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}
- Another Case For Gold Today's post is an excerpt from What If Stocks Were Priced In Gold? posted at Experience Is Everything. While the post is incredibly interesting it is rather long. The portion I've quoted explains why gold will likely outperform the dollar and stocks over the next few years. It follows that......
- What Happens When Demand for US Debt Dries Up? Over a year ago, I wrote about China threatening to stop buying US Treasuries. According to an article in the New York Times, it now looks like China is losing it's appetite for US debt : In the last five years, China has spent as much as one-seventh of its......
- The Weakening Dollar - I There's been a lot of talk regardimg the weakening US dollar and its effect on your wealth. Many people believe it can't last and the dollar will rebound. Others think that it still has more room to fall. I personally think that it will continue to fall so long as......
Related Websites
- 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......
- My Journey’s July 16th 2009 Update One of the main reasons I started this site was to keep myself accountable to anyone that was reading. Ironic part, is that when I started I probably had no one reading so it was an exercise in futility! Fiscal Update My last update was on May 29, 2009 and......
- 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......
[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!