I have a few extra points and my membership got cancelled because of a hacker and a 4 week investigation, and i want to play, so can you?
Wow that gamerscore is just amazing. Oh yea, back to the question. No you can't unfortunately.
" Remember when the platform was sliding into the fire pit and I said ‘Goodbye’ and you were like ‘NO WAY!’ and then I was all, We pretended we were going to murder you? That was great."
No, you can't. You can only use Microsoft Points for your Avatar, DLC's, Games, Music, and Movies. Sadly, you can only get Gold membership by using a credit card or buying a 3 month ($25) or 12 month ($60) membership at Gamestop. Or you can get Live through Xbox.com, but to answer your question, no you can't use Microsoft Points to get Live, sorry, I know It's dumb, I hate it too.
Sorry You cant, the only way to get gold is to pay cash