- #36
Bryan Parry
- 44
- 0
Whoops!
Just realized I never responded to the following point of yours, Russ:
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quote: Bryan Parry
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Much of it is pure nonsesne, anyway. Like, for instance, how many pounds in 200 ounces- when in the hell would you continue measuring in ounces beyond two ro three pounds? Complete and utter rubbish.
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Russ:
Comodities are priced in ounces. A bar of gold weighs (weighs?!) about 50 pounds.
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Russ, gold is priced in troy ounces (God knows why not avoirdupois- probably because, setting aside historical reasons, the smallest subdivision in the troy system is 1/480 try ounces, whereas in avoird, it is 1/16oz (the grain is not effectively part of avoird.)), and the troy pound was abolished i nthe nineteenth century.. so if gold is still priced in troy, then it can ONLY be priced in ounces, regardless of how many pounds weight of gold you have! Actually, if the troy pound had not been abolished, you almost certainly would see gold etc dealt with by the pound-troy instead, and not so many hundred ounces.
Other items are priced in ounces, though, as I said, up to a point, and then it naturally shifts to the pound.
Just realized I never responded to the following point of yours, Russ:
>>>>>>>>>>>>>>>>>>>>>>>>>>
quote: Bryan Parry
--------------------------------------------------------------------------------
Much of it is pure nonsesne, anyway. Like, for instance, how many pounds in 200 ounces- when in the hell would you continue measuring in ounces beyond two ro three pounds? Complete and utter rubbish.
--------------------------------------------------------------------------------
Russ:
Comodities are priced in ounces. A bar of gold weighs (weighs?!) about 50 pounds.
<<<<<<<<<<<<<<<<<<<<<<<<<<<
Russ, gold is priced in troy ounces (God knows why not avoirdupois- probably because, setting aside historical reasons, the smallest subdivision in the troy system is 1/480 try ounces, whereas in avoird, it is 1/16oz (the grain is not effectively part of avoird.)), and the troy pound was abolished i nthe nineteenth century.. so if gold is still priced in troy, then it can ONLY be priced in ounces, regardless of how many pounds weight of gold you have! Actually, if the troy pound had not been abolished, you almost certainly would see gold etc dealt with by the pound-troy instead, and not so many hundred ounces.
Other items are priced in ounces, though, as I said, up to a point, and then it naturally shifts to the pound.