Friday, June 13, 2014

Because you're blek

In the late '70's when inflation was at an all time high Sybil was looking for some absurd places to park her money. Toyota Dealerships, Ostrich Farms, Gold bars. Out of all these ideas, gold seemed to be the one that made the most sense regardless of the fact gold was already at an all time high. It can never end right? So where do you actually find gold to buy? Do you go to a bank? Do you go to Zales and ask them to melt some chains down? I actually have no clue. Sybil though had a brilliant idea. She found someone selling krugerrands. For those of you that do not know, a krugerrand is a South African gold coin that at one time accounted for 90% of the global gold coin market. Thank you Wikipedia. Here's the problem. At the time, most western countries were banning the import of these coins because of South Africa's Apartheid government. The investment was seen in bad taste. I've made some poor investment choices (Tesla options), so I really can't fault Sybil for wanting to buy standardized gold coins regardless of their political association, but I can fault her for what she did with one of them. Now remember these coins symbolize a government that feels Blacks and Whites should be separated. Sybil took one of the coins and had it fixed so she could wear it on a chain. She worked in a predominately black school and she was going to wear a necklace that said Fuck You Black People to work.  I never actually saw her wear it but the whole idea is insane. She had some balls. When I asked her about it. She claimed it was because the coin was pretty. Makes sense.


Editor's Note - Sybil recently found two canceled checks for the krugerrands from 1978. Both checks had notes that they were for eleven coins and the amounts were the same. Sybil took this as she double paid for the coins. She actually called the place up and asked for her missing eleven coins. It's only been 35 years so I don't see any problem with her logic. Amazingly the company still had the records and said to Sybil "Nice try, the first check was canceled." So close!

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