So I'm reading a sales flyer for an art supply store when I see
they're selling books
of gold leaf, normally $80.00 for the low, low price of $18.99.
Wait a second!
They're selling 23.5kt gold for ¼
the normal price‽ Are they insane?
I'm planning on running down to the store as soon as it opens and
snapping up as much gold leaf as I can, what with gold breaking the
$600/ounce, then selling it to make a 400% profit when sanity smacks me over
the head. I had better figure out how much gold is in a typical book of gold leaf
before I loose my shirt on a
searches and I learn that gold leaf is sold in “books” of 25 leaves, or
“boxes” of 500 leaves, and that there is anywhere from 15–23 grams
of gold per 1000 leaves. Okay, but this is the United States, where we buy
and sell using the archaic Troy ounces for metal. Another search reveals
31.103477 grams per Troy ounce. So, 600 (latest price I have is $601.50 per
ounce) divided by 31.103477 gives us $19.29 per gram. Let's be optimistic
here and say we have “heavy” gold leaf (23 grams per 1000 leaves) … 23
divided by 1000 (giving us the gold per leaf) times 25 (number of leaves per
“book”) times 19.29 give us … $11.09 worth of gold per book.
Maybe $10 worth of gold?
And this normally sells for $80?
What a racket!
Ah well … so much for gold fever.
You have my permission to link freely to any entry here. Go
ahead, I won't bite. I promise.
The dates are the permanent links to that day's entries (or
entry, if there is only one entry). The titles are the permanent
links to that entry only. The format for the links are
simple: Start with the base link for this site: http://boston.conman.org/, then add the date you are
interested in, say 2000/08/01,
so that would make the final URL:
You can also specify the entire month by leaving off the day
portion. You can even select an arbitrary portion of time.
You may also note subtle shading of the links and that's
intentional: the “closer” the link is (relative to the
page) the “brighter” it appears. It's an experiment in
using color shading to denote the distance a link is from here. If
you don't notice it, don't worry; it's not all that
It is assumed that every brand name, slogan, corporate name,
symbol, design element, et cetera mentioned in these pages is a
protected and/or trademarked entity, the sole property of its
owner(s), and acknowledgement of this status is implied.