On Sat, 21 Feb 2009 11:19:39 +0000, IanM
wrote:

Joe wrote:
On Feb 20, 7:40 pm, Larry wrote:
"Capt. JG" wrote areasolutions:

I suggest you hoard your gold... quietly.
Cleared $1000 easy, in today's bloodbath, but fell back as the dumping
started.

You should get a sailboat and use gold as ballast.
A cubic foot weighs over 1200 pounds.
Shiney cantering gold keel perhaps.

Too high a risk of keel failure ;-(

back in the 80's my brother (USCG) rescued a couple who had all of
their retirement and savings on the boat in gold coins. Over 250K.
They sold everything and were going to enjoy a life of cruising. The
boat , a trawler, pitch poled and "exploded" into a thousand chunks of
fiberglass when it flopped down off a rolling wave crest. All the gold
was lost. They were told a dozen times not to attempt crossing the bar
but due to fatique they decided to risk it.

Well that's another way to loose everything. It sounds like their gold
was poorly stowed.

I've contemplated this before. If I was the tax man, I'd take a *very*
close look at anyone casting their own keel!

There was a book written about doing just that. The Golden Keel,
Desmond Bagley, is about smuggling gold out of Italy by casting a gold
keel for a delivery yacht. Not a bad read.

Cheers,

Bruce
(bruceinbangkokatgmaildotcom)