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people online in the last 1 minutes - 0 members, 0 anon and 0 guests. (Most ever was 29 at 13:36:32 Sat Aug 3 2002)

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baub
12:31:59 Wed
Apr 20 2011
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1500
1500/oz

b

dredger
20:56:56 Wed
Apr 20 2011
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Re: 1500
:smile:

pascalfortier
22:07:31 Wed
Apr 20 2011
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Re: 1500
.....ok :confused:

Jim_Alaska
22:19:48 Wed
Apr 20 2011
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Re: 1500
pascalfortier, this is a refernce to gold going over $1,500 per ounce.

pascalfortier
22:27:53 Wed
Apr 20 2011
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Re: 1500
Ahah Jim I get it now :smile:

Anyways, good and bad news at 1500.00

Still incredibly High! [1 edits; Last edit by pascalfortier at 22:28:46 Wed Apr 20 2011]

kaveman
03:37:32 Thu
Apr 21 2011
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Re: 1500
Yes, gold at $1500 per ounce, but the dollar is worth 0.006666 ounces of gold(1/1500oz). At least today,........in theory. The fact that we've devalued our currency by 100x over the last 100yrs is something to think about. How do we do that? We create money out of thin air, backed by nothing but,................well, backed by nothing at all. Guess that's why it's worth little more than the paper it's printed on. We're counterfeiting our own money. [1 edits; Last edit by kaveman at 03:39:58 Thu Apr 21 2011]

Muley
04:01:25 Thu
Apr 21 2011
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Re: 1500
Kaveman,

"but the dollar is worth 0.006666 ounces of gold(1/1500oz). At least today"

WELL SAID!!!!

P.S. What is the weight of $1.00 worth of gold at $1500 / oz.? [1 edits; Last edit by Muley at 05:21:11 Thu Apr 21 2011]

AuTSaurus
08:36:41 Thu
Apr 21 2011
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Re: 1500

.0207333...., of a gram(?)

Greg

kaveman
14:32:37 Thu
Apr 21 2011
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Re: 1500
0.32,..... of a grain? That's not but a fair sized flake.

Muley
17:25:19 Thu
Apr 21 2011
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Re: 1500
If my memory serves me right the human eye with 20/20vision cansee down to about 40 microns :confused:
Feel free to correct me if I'm wrong.

Is 0.32 of a grain in the visable range? I know a grain is not very big to start with.

24 gr. = 1 dwt.
20 dwt. = 1 oz.
or
480 gr. = 1 oz.

dredger
20:34:06 Thu
Apr 21 2011
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Re: 1500
$3.1390 a grain,:smile:.

kaveman
14:32:35 Fri
Apr 22 2011
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Re: 1500
0.32gr is very visible,.........in fact, quite a large flake. This is 2gr in a pan,..............

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