View Single Post
  #40   Report Post  
Posted to rec.crafts.metalworking
Steve W.[_4_] Steve W.[_4_] is offline
external usenet poster
 
Posts: 1,705
Default OT-Rejecting fiat currencies

Ed Huntress wrote:
"cavelamb" wrote in message
Gold would make excellent sailboat ballast!
Yes it would! And that would be one of the most useful things one could
do with it. 'Time to stock up! g

1700 pounds please!


You could make some Swiss bankers very happy. They'd all buy new shoes for
their kids at Christmas.


1,179.36 current price per troy ounce. (At 01:43 Dec 01)

14.583 Troy ounces per pound

24791.1 Troy ounces in 1700 pounds

$29,237,631.70 US


I'm a little shy of that. Last count was 52.34 ounces.
More than half of which I picked up between 2000 and 2001. Average price
was 284.00 an ounce at that time.

It's showing a MUCH better return than many of my stocks !!!!

--
Steve W.