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Gold for a penny?

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    ChrisRxChrisRx Posts: 5,619 ✭✭✭✭

    That's amazing. Yahoo is still around.

    Too bad they can't take delivery on 1 rupees-worth. That'd be a sight to see (or not...)

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    Interesting concept !!! :)

    Timbuk3
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    HemisphericalHemispherical Posts: 9,370 ✭✭✭✭✭

    3200 rupees = 1 g of gold

    1 g gold = 1,000,000 micrograms of gold

    1,000,000/3200 = 312.5

    So for 1 rupee you get 312.5 micrograms of gold.

    Whew, what a long way to get gold. :|

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Not for me....I like to see my gold, hold it if possible, then just pay cash and walk away. Or, I do buy some online from known resources. Cheers, RickO

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    cohodkcohodk Posts: 18,620 ✭✭✭✭✭

    @Hemispherical said:
    3200 rupees = 1 g of gold

    1 g gold = 1,000,000 micrograms of gold

    1,000,000/3200 = 312.5

    So for 1 rupee you get 312.5 micrograms of gold.

    Whew, what a long way to get gold. :|

    Is it an idea of desperation?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

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    MsMorrisineMsMorrisine Posts: 32,200 ✭✭✭✭✭

    no

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
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    blitzdudeblitzdude Posts: 5,443 ✭✭✭✭✭

    No doubt India is still hoarding the gold. Government regulations forcing the sheep buy into the worthless paper Ponzi Scheme. I bet over half of Indias gold import goes unreported. Yahoo idiots, no sh@! the market is small. People don't want fake made up 010101010 computer screen gold, they want the real deal.

    The whole worlds off its rocker, buy Gold™.

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