Cash, the value be dammed. Im not trying to sell fucking gold. Im not a fucking merchant
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Bills weigh 1g, and 1g of gold is >$100, so I’m going with gold.
Around $140/gram currently for those curious
So then, however disgusting the thought, if they do make the trump $250 bill then that would be the only case where taking the cash is the better deal (putting ease of use for gold vs bills aside)
But the cash is more liquid. Selling $70M worth of gold is a hassle and would invite unwanted attention. $50M in cash you can spend right away.
Cash in this day and age is a huge pain in the butt. Sure, you can get groceries and some tech. But buying a house or even a car or pay for services? Impossible to very inconvenient. Even just paying for everything in cash will be a problem if you ever get audited. You'd need to launder the money somehow and at that point you can also take the gold.
Another critical difference:
If you got a million dollars in cash you were obliged to pay taxes upon receipt, and if you did not do so and you try to deposit it, you are going to get flagged for a tax audit and subject to criminal charges.
If you got a million dollars in GOLD you don't pay taxes until you sell it. So you can sit on it for years and then sell it and deposit it and you only pay taxes at that moment and have not broken the law in doing so.
Money is income, Gold is just gold until you turn it into money.
Good point, but after a while someone would still want to know where the gold came from. Unless you sell it so slowly that it'd be barely useful to you.
"after a while someone would still want to know where the gold came from", five minutes after the cash has been exchanged, you'll be quickly forgotten about. You don't live in a damn csi episode
I do, however, live in the real world. Where anyone giving you a decent price for your gold is subject to AML laws.
Cash is honestly easier for your average person to deal with. Either way you're either going to pay a ton of taxes or you're going to hide everything. Gold is great if you have a trustworthy buyer that's not operating legally, in which case you can... Turn it into cash. Woops.
You’re saying I should open a car wash?
The point of laundering is to wash money acquired illegally. Meaning you still have to pay the taxes.
If the 500 KG of cash lands on your lap legally and you can somehow prove that, you can just declare it as income and pay the taxes. If it's drug money or something then you'll have to launder.
Cash in this day and age is a huge pain in the butt.
The initial deposit would be tricky, but after that it's pretty straightforward.
Would it raise as many questions if you inexplicably receive a priceless painting as a gift from an anonymous benefactor and then sell it on the legitimate market?
IOUs based off of gold are a literally significant part of how many modern fiat currencies started.
What in the hell do you need to spend $50M on, right away?
Not to mention gold being around 1.4x more valuable per weight.
Those weights of either gold or currrency are going to require a vault or armored car and a crew of people with a forklift to either store or hold or move anywhere.
You're gonna be bringing both to a bank.
Suddenly showing up with or trying to spend or sell those volumes of either gold or cash is going to get you a visit from the IRS, Secret Service, and FBI, and maybe CIA.
wolframalpha says the gold is worth about $22m more, but it's a no-brainer. gimme the cash ($50m). the extra 'value' in the gold is not worth the extraordinary measures needed to deal with it.
So only go with bills if they’re in denominations >$100. I guess this would work better with euros.
I agree: you'd probably pawn the gold off to some billionaire for some nominal amount less than its face value. (Would the government let you as a private citizen just sell them like $70 million in gold?) I'm assuming this is legal and in-the-clear, and it doesn't matter if we assume it was created out of thin air.
I say "less than" because the buyers know you probably lack connections and just want it gone ASAP so you're not robbed or worse. Still, whatever percentage hit you take can't be anywhere near the 40% difference between the cash and the gold, and you'd probably dump it so quick that the investment opportunity cost wouldn't matter.
Edit: Although if we assumed this was secret but entirely legal (like I somehow had $50 million but nobody but the revenue service knew), then I could maybe stomach the $20 million loss in exchange for less attention. Still, you'd be drawing a lot of suspicion trying to get that 500 kg of $100 bills into an account (or multiple) before you get found out.
Yeah by my calc a 1kg of $100 bills is about 100K, but the kg of gold is roughly $140k-150K (I just checked and its $144K)
But then I'd have to sell the gold…
500kg of gold is $72.6 million as of current market value.
The image shows 100 dollar bills, so let's assume the 500kg consists of just that. That would add up to ~$50 million (~1 gram each, adding up to 500.000 bills).
Gold increases in value. The dollar is decreasing in value and Trump is making sure it's going to tank as soon as possible.
Gold is worth more and is a wiser investment over time so I pick gold, with delivery please and thank you.
Good luck liquidating 500kg of gold without someone taking a decent cut. Gold doesn't always increase in value, it's a highly volatile commodity and atm is highly over speculated. More than likely whenever trump dies or leaves the office the market will correct itself to pre-pandemic pricing.
When people who don't understand what fiat currency is get scared by geopolitical instability they buy gold. Whenever those geopolitical instabilities absolve themselves they sell.
You'd probably be better off taking cash and investing it into index stock then taking the time and money to store, transport, and sell that much gold. There's a reason why billionaires are building Scrooge McDuck vaults and swimming in bullions.
I would just lock it all up in a vault. Why would I need to liquidate it? I can take loans from the bank indefinitely, as I have the gold as insurance. That's what billionaires do as well, to avoid taxes. They use their wealth in stock as insurance to take out loans, because on loads you don't pay taxes. But in my case I would pay taxes for the value of the gold, like a decent person.
There is such a thing as a gold loan, but it's not really a good deal compared to even something like a HELOC loan. The interest rates are much higher, and they'll usually only loan out 50% of the value of the gold, and you'll have to hand it over to the bank for storage.
The main problem with this is that you don't have an income or a way to make more gold like billionaires can with stock. So you would have to eventually sell some of the gold to pay the loan. Which would entail not only paying interest on the loan, but a 28% tax on the gold. You don't have a skeem like capital gains to lower your tax burden with a physical commodity.
Take out the loan. Invest it into stock. Get another loan to pay off the previous loan and living money. Continue indefinitely. Problem solved. Make more money, without touching the gold. Invest everything extra you make into more stock.
Right, but for the loan amount you are going to lose 50% more than you borrow in gold. So if you want a million dollar loan, you'll have to give the bank 2 million in gold to hold as collateral. You're also going to be paying 10-30% apy on your short term loan.
If you start with let's say 80 million in gold, you will only have enough collateral to secure 40 million in loans in total. Which at a 10% apy would occur 4 million in interest a year without accounting for any compounding interest.
If you did this perfectly and did not spend any of the money you borrowed for anything other than paying loans, you would only be able to do this for 10 years.......not indefinitely. And that is giving you the lowest interest rate available.
Even if you invested in stock that you made money on, that earnings would be taxed at 20-30% depending on how long you had it for. So you are paying 10- 30 percent in interest to invest in a profit that gets taxed an addition 20-30%...... It would be better to just have the cash.
Ok, but… what if the bank asks where you got the gold? Or they ask if you have proof you came by it legally, and then the IRS notices you have a bunch of outstanding loans collateralized with an asset they have no record of you obtaining or paying taxes on the income used to obtain it.
Like… with the cash, you just… spend it on stuff. If you need to pay for something not in cash, then just open a cash based business and overstate your sales.
Or you could… just… list those things as unspecified income and pay taxes on it and not worry about slipping up and going to jail.
Where would you use all that cash? In my country you're not allowed to make purchases over 3k. Payments bigger than that are rejected and authorities are notified.
I was assuming the prize was legit, which would also mean you'd have to pay taxes over it. Than you have it legally and you can use it to take out loans.
That's my secret Mr. Stark... I'm always geopolitical instabilities
I mean fair point..... But to be honest, it's more likely that another fiat currency replaces the dollar than it is for gold to become a standard again. Gold doesn't have any inherent value outside of some electronics, and it's incredibly inconvenient to actually trade with.
I think if the dollar does fall off the map and the euro or yuan successfully replaces it as top dog, it'd probably be the actual death knell that kills off peoples gold obsession.
I think actually in the US you could file the gold under capital gains and get a better tax rate if you're willing to hold onto it for years.
Though outside the US the USD are probably a wiser choice. Also if you plan on liquidating the gold immediately its likely subject to sales tax where they exist making it a much worse value proposition.
Good luck liquidating 500kg of gold without someone taking a decent cut.
If that decent cut is 95%, you’d get only 5%. Sounds bad. 5% of 72.6 million is … 3.63 million.
Yeah, I’ll still take it.
But I'm lazy and would just leave the gold in a closet rather than having to deal with selling it. And $50 mil is more than enough for me.
Gold increases in value. The dollar is decreasing in value.
Most of gold "increasing in value" is really just the dollar decreasing.
What denomination are the bills and how much does each brick of gold weight? Cuz I mean, if the bills are high enough, like $5000s they might be worth more than the gold.
Edit: The weight of the money doesn't matter as much as the denominaton here. A $1 bill weighs the same as a $500 bill, y'all. If gold is $145 per ounce, a 500kg pile of $500 or $1000 bills that weigh about 1 gram each is worth a lot more. If they are $1s, $5s, $10s, $20s, $50s or eveb $100s, take the gold. If they are $500s or higher, take the cash.
A US $1 weighs 1g according to a random website I found on the Internet. I tested and it's close enough.
As of today 2026/06/02, a gram of gold is worth about $140 assuming it's minted and the purity is known.
That honestly surprises me. It means that gold and bills (assuming c-bills) are within an order of magnitude of each other.
Worst case with bill denominations: half a million. Best case with bill denominations: 50 million dollars.
Worst case with gold: $140/g less 10% worst case for verification and bulk buy discounts. $120/g ballpark. $60 million. Best case with gold: ~$70 million dollars upper bound for known minted purity.
So gold has the highest potential return but also the highest overhead.
I'd probably go gold. Even if I lost 50% due to overhead, I'd be able to pay my mortgage and my brother's student loans and for my mum to live in a nice place.
Honestly, any of them would be a life changing amount of money.
a hundred dollar bill weighs a gram and is worth $100, a gram of gold is worth $145. However you'll pay income tax on the gold profit when you sell to get your cash.
But steel is heavier than feathers...
You do realize that if you take either the gold or the cash you're still roughly a billion dollars away from being a billionaire? At $72m you still have about 93% of the way to go before you hit even one billion. Elon is currently somewhere north of $700bn.
I'm just pointing this out because many people don't realize how excessively rich billionaires actually are. Many still seem to think we're talking about cutting into people's rainy day savings when we're calling for billionaire's fortunes to get taxed. FWIW, nobody earns that kind of money.
With all of the above said, if it is legit and comes with no strings attached, I will gladly take the ~$70m in gold (with approximately the dimensions of a microwave). Even if I have to pay taxes on it.
While gold does incur a conversion cost when putting it in a bank account, the same is true for a large amount of cash (especially when it is in a foreign currency). And gold has an intrinsic value which only increases over time. Thanks!
For context:
500kg cash in 100 USD bills (like on the picture) would be roughly 50.000.000 USD.
And 500kg of Gold would currently be 71,396,000 USD.
Hey please explain the microwave comparison. I didn't understand that part.
Too metric. Can I get that weight in cheeseburgers please?
Ok. 500 kg of dollars, 500kg of gold or 500kg of cheeseburgers. Which do You choose?
Precooked weight if that matters.
3000 in weight.
3500 in volume.
But I would assume solid gold bald eagle egg metric is needed?
290.
Perhaps three fiftieths (6%, atm) of a ballroom budget?
5 and a half hours worth of ammo for a vulcan gun?
Gold would be given in troy ounces

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