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Old 13.04.2008, 09:52
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Re: Buying gold in Zurich

As a little aside.
My brother in law moved with his wife to the Philippines a few years ago. He packed all his expensive furniture and other effects into a large container and at the last moment he bought a bar of gold which he hid deep inside his sofa. He thought this would be a good way to beat inflation and save on exchange fees.
He managed to find a really cheap shipping company on the internet.

Two months later, in his new house in Dagupan, he received a call from the shipping company that said his container had arrived by ship and would be delivered to his house the next day.
He paid 4 people to help unload the container and help set up the house with his lifelong collection of furniture.

His new wife was really happy - the house would soon be the talk of the village - her husband had really gone to town on his furnishings.

However, once he opened the door of the container, all that he found inside were a box of clothes and 2 wooden chairs in one corner of the container. Everything else, including his bar of gold had been whisked away somewhere on route.

Luckily he had had the foresight to get some insurance - however, they would not cough up for the bar of Gold.
I always wondered how much a whole Gold bar would cost - I never had the heart to ask my brother in law.
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