# The Boston Diaries

The ongoing saga of a programmer who doesn't live in Boston, nor does he even like Boston, but yet named his weblog/journal “The Boston Diaries.”

Go figure.

## Tuesday, April 11, 2006

### There's gold in them thar art stores!

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 half-cocked scheme.

Some Google 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.

THAT'S IT‽

Maybe \$10 worth of gold?

And this normally sells for \$80?

What a racket!

Ah well … so much for gold fever.

## Obligatory Miscellaneous

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: https://boston.conman.org/, then add the date you are interested in, say 2000/08/01, so that would make the final URL:

https://boston.conman.org/2000/08/01

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 important.

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.

Copyright © 1999-2024 by Sean Conner. All Rights Reserved.