Friday, August 5, 2011

Today at the Coin Shop


Today I went and bought a little bit of gold.  At the coin shop, there was a lady behind me, middle aged.  She had a gold coin in a pendant on a gold chain.  She told me that she was there to sell it.  She asked me what it might be worth (a gold 1971 Rand, a coin I am not familiar with).  I asked her if could examine it, it seemed to weigh about 1/5th of an oz. So, I told her maybe she could get $300, but that the coin shop guy was the expert, not me.
She then dropped the bomb: margin call...
I wished her good luck.
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There is real pain out there due to the meltdown this week.

6 comments:

  1. "She then dropped the bomb: margin call..."

    No. Farking. Way.

    Seriously?!

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  2. The little anecdote is completely true.

    ReplyDelete
  3. Wow.

    Clearly, the Principle of Maximum Ruin is in full swing!

    ReplyDelete
  4. Yes, and lots more pain coming I am afraid. I will be manning my desk Sunday evening, computer all fired up.

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  5. And I am here with you Robert.

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  6. I like this story. Glad you were smart enough to load up this Fri., good timing this time. :)

    ReplyDelete

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