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10-29-2011, 03:45 PM
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#1
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Thinks s/he gets paid by the post
Join Date: Oct 2010
Location: irradiated - too close to the nuclear furnace
Posts: 1,294
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Interesting gold facts
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10-29-2011, 04:29 PM
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#2
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Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,358
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Regarding #1 (stable value), the rule of thumb I always remember is that an ounce of gold has always been worth enough to buy a good men's suit.
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I thought growing old would take longer.
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10-29-2011, 05:51 PM
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#3
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Full time employment: Posting here.
Join Date: Apr 2011
Posts: 625
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I was most surprised with regard to the density. 1' x 1' x 1' = 1,000 lbs.? Wow.
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10-29-2011, 07:40 PM
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#4
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Thinks s/he gets paid by the post
Join Date: May 2011
Location: South Eastern USA
Posts: 1,068
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Platinum is even more dense than lead and gold!
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10-30-2011, 05:15 AM
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#5
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Recycles dryer sheets
Join Date: Sep 2011
Location: Easten Long Island
Posts: 414
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Anyone have any experience with carrying 10 or more ounces of gold on international flights?
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10-30-2011, 07:07 AM
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#6
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Full time employment: Posting here.
Join Date: Apr 2011
Posts: 625
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Quote:
Originally Posted by gsparks2
Platinum is even more dense than lead and gold!
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Alright.. But how often do you carry bricks of platinum around? :P
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10-30-2011, 02:58 PM
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#7
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Thinks s/he gets paid by the post
Join Date: Oct 2008
Location: Naples
Posts: 2,179
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Quote:
Originally Posted by arebelspy
Alright.. But how often do you carry bricks of platinum around? :P
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Or lead or gold?
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10-30-2011, 03:47 PM
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#8
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Thinks s/he gets paid by the post
Join Date: May 2011
Location: South Eastern USA
Posts: 1,068
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Quote:
Originally Posted by arebelspy
Alright.. But how often do you carry bricks of platinum around? :P
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oddly enough, I carry bricks of gold around exactly as often as I carry bricks of platinum.
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10-30-2011, 03:57 PM
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#9
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Administrator
Join Date: Jan 2008
Location: Chicagoland
Posts: 40,725
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Me too - and I always carry the exact same amount in each pocket. Helps me keep my balance...
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11-01-2011, 06:33 AM
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#10
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jul 2008
Location: Leeward Oahu
Posts: 17,930
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Interesting gold fact #11 - HowStuffWorks "All the gold in the world"
I believe this is why one can consider the gold "supply" to be essentially constant. Yes, it can be mined. But in comparison to the current gold supply, the amount mined in a year is quite small - and a fair amount is committed to industrial applications from which it would be difficult (but not impossible) to recover.
Just wish I had a couple of cubic feet of the stuff.
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