© 2007. Sammy Z.
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the cash.
gold is less than 600/oz. at today's prices, 93 bills and you are already ahead. do you think that there are more than 93 bills in a pound?
Bureau of Engraving and Printing's web site wrote:
The approximate weight of a currency note, regardless of denomination is (1) one gram. There are 454 grams in one (1) U.S. pound, therefore, there should be 454 notes in (1) one pound(Avoirdupois system).
a pound of bills is worth just under 50K. a pound of gold is worth less than 10K.
when gold hits 2800/oz, start shopping for a buyer for your pound of money. |
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vendredi
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There are 453 bills in a pound. So the value of the bills is $45,300
The value of a pound of gold is $9,248. (Today's market price)
Clearly the gold is much better. |
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Pupa Schwa
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i'm not sure, all i know is i would do the transaction on the moon... |
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late_sleeper35
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The gold. at 600 bucks a troy ounce that would be better. gold prices go up an down, but i would still take the gold. |
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tonalc1
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One pound of $100 bills would be about $45,400.
A pound of gold would be $9,200.
Go for the bills! |
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dolly
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Gold |
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wordsofapoet
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the money, 'cause it's a lot more than the gold.
at least, i think so. |
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tim d
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a pound of 100 dollar bills i,m to lazy to trade in the gold for money. |
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Trisha84
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cash is easier |
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um yea hi
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whichever is worth the most |
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imogeneharris@sbcglobal.net
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Gold prices go up and down whereas dollar bills' purchasing power usually decreases (unless you exchange them in a country where dollars are more valued). I'd hedge my bets on gold. |
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pramodh_p
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Pound of 100$ bills is worth a lot more than a pound gold.
Considering $45000 dollars, I will go with that instead of $10000 worth of gold.
For investment sake, I may put in $25000 in gold in case prices go up;) |
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pandasage1221
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I would think the bills would be worth a whole lot more, but I don't know the actual worth of gold, so I'm not positive of that. |
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Bacchante
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Gold... I would melt it all over my body and slowly die. 2,000 years later my body will be found and my life would be a mystery to all mankind * BWAHAHAHAHAHA* |
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Dale P
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Take the pound of $100 bills.
1 bill weighs about 1 gram
1 lb is about 453.6 grams X $100 = $45,360
I ounce gold is about $577 US
1 lb is 16 ounces X $577 = $9293
Seems a simple choice to me :o) |
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