Trump Accepts Gold Instead of Dollars From Tenant


By Elizabeth MacDonald

Published September 15, 2011

Donald Trump CEO Trump Organization Real Estate

Reuters

“The rent’s too damn high,” to quote Jimmy McMillan, former New York State gubernatorial candidate.
And for Donald Trump, that’s true when it comes to rent in cold hard dollars, given his sharp criticisms of the Federal Reserve’s open fire hydrant of dollar printing and the Obama Administration’s fiscal policies.
Which is why, for the first time ever, Trump will accept today gold bullion instead of dollars for a lease deposit from his newest tenant in one of his marquee properties, 40 Wall Street, a 70-story skyscraper in Manhattan’s Financial District that at one time was the tallest building in the city until the Chrysler Building surpassed it. Trump will accept the gold at an event in the lobby of the Trump Tower at 725 Fifth Avenue.

Read More: http://www.foxbusiness.com/markets/2011/09/15/trump-accepts-gold-instead-dollars-from-tenant/

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