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re: Have you ever seen gold bars change hands for a business transaction

Posted on 1/18/19 at 12:15 pm to
Posted by bootyswamper
Paulina KopKop
Member since Nov 2004
2423 posts
Posted on 1/18/19 at 12:15 pm to
No but have seen brass knuckles before
Posted by SeeeeK
some where
Member since Sep 2012
30763 posts
Posted on 1/18/19 at 12:15 pm to
Yes

But it was an Armored car company and a coin business doing transactions.

Remember driving one dude, and the coin company had 10 bars in a bag, being sent to some where for payment.

I felt there was some serious money laundering or shady shite going on.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76131 posts
Posted on 1/18/19 at 12:17 pm to
quote:

Every printed dollar is supposedly backed by equal value of gold
Not directly since the Depression and not indirectly since Nixon.

Got one of each these out of circulation in the early 80's:



Posted by CoachDon
Louisville
Member since Sep 2014
12409 posts
Posted on 1/18/19 at 12:18 pm to
I've been paid at mine sites with sacks of silver.

TRUTH!
Posted by fr33manator
Baton Rouge
Member since Oct 2010
135024 posts
Posted on 1/18/19 at 12:19 pm to
quote:

I pay my attorney is those gold wrapped chocolate coins. He hasn’t caught on yet.



Is his last name stein? Or berg? Baum?
Posted by mack the knife
EBR
Member since Oct 2012
4289 posts
Posted on 1/18/19 at 12:20 pm to
Nixon changed "Redeemable in Gold" to "In God We Trust"
This post was edited on 1/18/19 at 12:25 pm
Posted by Mr. Hangover
New Orleans
Member since Sep 2003
34932 posts
Posted on 1/18/19 at 12:21 pm to
How much is a gold bar worth?






I’ll go ahead and get this unoriginal shite out of the way

Bout tree fiddy

Ready for a real answer now
This post was edited on 1/18/19 at 12:22 pm
Posted by Slagathor
Makin' jokes about your teeny tiny
Member since Jul 2007
39015 posts
Posted on 1/18/19 at 12:22 pm to
quote:

Richard Nickson
ummmmm...
Posted by mack the knife
EBR
Member since Oct 2012
4289 posts
Posted on 1/18/19 at 12:22 pm to
after hurricane katrina i had a guy trying to buy 2 houses i had built and he wanted to use "some gold coins i have laying around" as a deposit until he got his financing lined up.
Posted by Mo Jeaux
Member since Aug 2008
64535 posts
Posted on 1/18/19 at 12:22 pm to
quote:

Every printed dollar is supposedly backed by equal value of gold


Oh Jesus Christ.
Posted by Styxion
St. George, LA
Member since Sep 2012
1738 posts
Posted on 1/18/19 at 12:23 pm to
1200 an oz so depends on the size of the bar.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
135024 posts
Posted on 1/18/19 at 12:24 pm to
Gold Price per Ounce $1,291.45 -1.10
Gold Price per Gram $41.52
Posted by mack the knife
EBR
Member since Oct 2012
4289 posts
Posted on 1/18/19 at 12:25 pm to
quote:

Slagathor

quote:

Richard Nickson
ummmmm...


damn auto correct got me - fixed it
Posted by Slagathor
Makin' jokes about your teeny tiny
Member since Jul 2007
39015 posts
Posted on 1/18/19 at 12:28 pm to
quote:

damn auto correct got me - fixed it


Wasn't trying to be a jerk... it actually made me laugh.

To respond to the OP, I've never even seen a gold bar IRL.
Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76131 posts
Posted on 1/18/19 at 12:29 pm to
quote:

How much is a gold bar worth?
They come in all sizes.

Technically, a one ounce ingot is a gold bar.

That's worth just over the spot price per ounce of gold.

The big ones you see stacked like bricks in Central Reserve Banks are 400 oz. (25 lbs.)

The metric quasi-equivalent is 12.5 kg bars.

Those sumbitches appear much more dense than iron weights to the heft.

Posted by Tortious
ATX
Member since Nov 2010
5768 posts
Posted on 1/18/19 at 12:35 pm to
quote:

I feel like goldfinger in the bond movie


You get Pussy Galore and I'll drive you around and you can fire that fat frick Odd Job.
Posted by colorchangintiger
Dan Carlin
Member since Nov 2005
30979 posts
Posted on 1/18/19 at 12:36 pm to
quote:

Where do you even bring a bar of gold to get cash for it?


Any of those places that sell collectible coins.
Posted by ksayetiger
Centenary Gents
Member since Jul 2007
70467 posts
Posted on 1/18/19 at 12:39 pm to
A gold bar is about a half million dollars, fwiw
Posted by Fishwater
Carcosa
Member since Aug 2010
6077 posts
Posted on 1/18/19 at 12:42 pm to
quote:

Gold Price per Ounce $1,291.45 -1.10
Gold Price per Gram $41.52


So drugs are more valuable than gold? Pablo was in the right business.
Posted by usc6158
Member since Feb 2008
39399 posts
Posted on 1/18/19 at 1:15 pm to
You're attorney sounds better at the whole tax evasion, money laundering, and criminality thing than Michael Cohen at least. So you've got that going for you, which is nice.
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