Also notice the WSJ's little jab at gold ala The Bernank.... "No money will change hands"
Don't you mean no intrinsically worthless toilet-paper fiat will change hands?
Maybe Donald can use the 96 oz deposit as a pillow for his young son Barron who might as well be named Midas.
|Baby Barron William Trump|
On Thursday, the newest tenant in Donald Trump's 40 Wall Street, a 70-story skyscraper in Manhattan's Financial District, will hand Mr. Trump a security deposit worth about $176,000. No money will change hands—just three 32-ounce bars of gold, each about the size of a television remote control.
The occasion will mark the first time the Trump Organization has accepted 99.9% pure gold bullion, rather than cash, as a deposit on a commercial lease. The tenant, precious-metals dealer Apmex, will sign a 10-year lease for 40 Wall's 50th floor at a leasing rate of about $50 a square foot, according to ...