4 ms·

I think the point is that if you're paying a 2% premium, that being $13,600 in this case, that makes it worth it to GO to Venezuela and take the gold there, thu

• dfc 15y ago
  A free vacation and a free ulcer from dealing with the stress of transporting 680k worth of gold. Whatever you do to mitigate the stress is going to cut into your vacation money.
  • WildUtah 15y ago
    Ulcers are caused by helicobacter pylori[1], not stress. [1] http://en.wikipedia.org/wiki/Helicobacter_pylori http://en.wikipedia.org/wiki/Helicobacter_pylori
    • dfc 15y ago
      Stress Ulcers?[1] [1] http://en.wikipedia.org/wiki/Stress_ulcer http://en.wikipedia.org/wiki/Stress_ulcer
• RodgerTheGreat 15y ago
  Be honest- if you had $680,000, would you be willing to risk it for an additional $14,000?
  • pavel_lishin 15y ago
    Depends on the level of risk. Couldn't I just Fedex the gold - insured for its value, of course - to a confederate in Venezuela, and split the 2% commission? Assuming you can trust your partner, the worst case scenario is the gold getting lost (or "lost") in the mail, and having to wait for the insurance payout.
    • ianferrel 15y ago
      I'm willing to bet that Fedex will not insure a small package for $680k for anywhere near 2% of the cost.
  • lojack 15y ago
    If my expected value after the trade is higher than $680,000 plus some markup for my time, then yes, I would be willing to risk it.