"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Sunday, July 24, 2011

A Free One Ounce Gold Coin

Mark Dice, from San Diego California, went out and asked people what they think or know one ounce of gold is trading for.  He even gave them a window of 25%, at one point extending the window to within 50%.  This was taped between 12/2009 to 4/2010 according to the price he states for Gold which was $1150.  If the people guessed between $862.5 and $1437.5 they could have walked down they street, sold the coin for $20 under spot and had most likely, the equivalent of two weeks worth of work (applying a $200 removal for taxes in California). 

Assuming this is a sample of the US population residing within the first distribution under the bell curve, these are the coupon cutting, gas price bitching, Costco member's that pass up money, its the deal of the century.