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Cocaine dealers demanding gold for payment
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Tuesday, June 02, 2009
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From Clusterstock:

Drugs and the greenback. They just go together--whether it's a drug dealer sitting in front of a cartoonishly large pile of money, or a user finding an unconventional use of a $100 bill. (Or a $1 bill, as pictured.)

But it appears that some drug dealers may be losing confidence in the dollar.

Telegraph: Paul Mylchreest, of the Thunder Road Report, notes that a "very suspicious" 174 tonnes of gold compounds were exported to the Dominican Republican - "that well known hub of the world gold trade".

Read full article...

More on gold:

If you don't own gold, read this now

Chinese investors gobbling up gold bullion

The great Richard Russell: We are near the mania phase in gold


Topics: Gold | Cruxallaneous
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