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“Karat” & “Troy Ounce” explained

derrybderryb Posts: 36,830 ✭✭✭✭✭
edited December 27, 2016 7:10AM in Precious Metals

What Do the Terms “Karat” & “Troy Ounce” Actually Mean?

"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

Comments

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Link does not work...... :( Cheers, RickO

  • derrybderryb Posts: 36,830 ✭✭✭✭✭

    linky fixed

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    Thanks.... good article. So many people are confused in those areas. Cheers, RickO

  • ashelandasheland Posts: 23,190 ✭✭✭✭✭

    Thanks for posting that. :)

    My YouTube Channel

  • AUandAGAUandAG Posts: 24,765 ✭✭✭✭✭

    :)

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • jdimmickjdimmick Posts: 9,676 ✭✭✭✭✭

    Good article: I actually know this, but I am in the business, so Im supposed too, but there are many folks who don't. I have to explain parts of this article all the time to potential sellers of items so they can understand how it all works. This is pretty straight forward and easy to read IMO

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