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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 379.87

+0.4%

Nov 11 4:00 PM EST

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To: Hawkmoon who wrote (70237)	1/8/2011 10:14:06 AM
From: St. John Smythe	Read Replies (1) of 217706

Precious metals are measured in troy ounces. 1 pound = 12 troy ounces 22(lbs) x 12 troy ounces = 264 t oz 264 t oz x $1400/t oz (gold) = $369,600 Though the equivalent weight in gold may be worth less, it is easier to conceal. Take the gold and run.

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