Friday, September 16, 2011

Donald Trump Accepts 96 Ounces of Gold as Payment for Real Estate Security Deposit

Donald Trump Accepts 96 Ounces of Gold as Payment for Real Estate Security Deposit

You may not be able to eat it, but gold has been used as a store of value and medium of exchange for millenia. We’ve previously opined that it may not be long before it once again becomes the world’s defacto currency. Governments, investment firms and individuals alike have been accumulating gold assets amid currency debasement, rising inflation and economic uncertainty.

The latest example of gold’s acceptance into mainstream consciousness comes to us from none other than one-time Presidential hopeful, reality TV star and real estate mogul Donald Trump, who recently agreed to accept a security deposit for one of his properties in gold bars:

http://www.shtfplan.com/precious-metals/donald-trump-accepts-96-ounces-of-gold-as-payment-for-real-estate-security-deposit_09152011

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