To make matters worse jewelers and those trading in precious metals to the consumer will often use grams and have scales in grams. At least the ones I visited. They have a price board and will tell you the price in grams they will buy and sell at. They have a standard digital laboratory balance that can weigh small items accurately.
Since the market uses ounces you really don't know unless you have a calculator with you to do a conversion to see how much of a markup they are charging. I really don't care if Wall street wants to trade in ounces of gold, but why can't they also include the gram price? It seems they want to do whatever creates the most confusion. Jerry ________________________________ From: Michael Payne <[email protected]> To: U.S. Metric Association <[email protected]> Sent: Sunday, February 22, 2009 7:46:59 PM Subject: [USMA:43224] Deception What's heavier an ounce of gold or an ounce of feathers? Many people buying gold out there don't realize the ounce of gold is the heavier because it's a different ounce. If gold were priced by the gram there would be no confusion. Just an example of Obfusification. Mike Payne
