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The Water Cooler
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Were you a working adult in 1971?
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<blockquote data-quote="dennishoddy" data-source="post: 3438325" data-attributes="member: 5412"><p>Pissed me off too. We could buy raw gold at that time overseas at the fixed government prices of $38 something and have it made into "art" to get it back into the US. For some dumb reason I didn't do it.</p><p>It was against the law prior to that to own bulk gold as it was the basis for our money value. It was legal to own gold as jewelry or art work. </p><p>I know one guy that had an unbelievable amount of gold cast into a Budda statue at the $38 per oz price. Carried it back to the US. I got to pick it up before he left and it was incredibly heavy for such a small statue. 10 pounds or better. Hope he caught one of the highs. </p><p>He wasn't the only person that did that.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3438325, member: 5412"] Pissed me off too. We could buy raw gold at that time overseas at the fixed government prices of $38 something and have it made into "art" to get it back into the US. For some dumb reason I didn't do it. It was against the law prior to that to own bulk gold as it was the basis for our money value. It was legal to own gold as jewelry or art work. I know one guy that had an unbelievable amount of gold cast into a Budda statue at the $38 per oz price. Carried it back to the US. I got to pick it up before he left and it was incredibly heavy for such a small statue. 10 pounds or better. Hope he caught one of the highs. He wasn't the only person that did that. [/QUOTE]
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