I can understand that everyone wants to get themselves a shiny or several shiny pieces of gold. I mean, no metal has inspired more wealth, greed, war, plunder, etc. than gold. It has quite literally been the stuff that people crave for the last three thousand years. And here is the neat thing, it isn’t even illegal (except for the time in the U.S. between 1933 and 1974, thanks FDR you P.O.S.), you can go down to the local jewelry store, coin shop, pawn broker and pick some up. Yay Gold!
Owning gold protects wealth, and is a good hedge against inflation. It has performed better than the cost of living and inflation over the last several years. People can say that all the value in gold has occurred over the last nine years and they’d be right. However, the people holding the gold in the last nine years are also the ones who made bank off of it. But this latest story, or series of stories is going just a bit too far.
Seems a banker stole a man’s identity, used that to rent a postal box and then went ahead and had fifty thousand dollars worth of gold shipped to the box. That is a lot of gold too. Here is the real kicker here. The judge sentenced him to three years of probation. You have got to be kidding me. Here is a guy who a)stole an identity b)committed mail fraud c)committed a felony in excess of fifty thousand dollars and his lawyer says he is a good person who made a bad decision. Uh, no lady, he is a freaking thief and a felon who is upset that he got caught. Bad decisions are spur of the moment type things, not plotting a theft that had he been able to get away with might have been untraceable.
I guess the lure of gold is strong and yeah people want to have it and will always be willing to steal to get it. So be careful with your identity , your bank account information, and your money. Because these things are all as good as gold so a mail frauding felon proved.