Saudi Arabian 8 gm Gold

[onepence]

Dear Friends,

Just a little heads up ... on ebay ...

http://search.ebay.com/_W0QQgotopageZ1QQsassZdbunyardQQsosortorderZ1QQsos ortpropertyZ1

.... can hardly wait to see some new Iraqi coins on ebay .

oneness,
dh

[onepence]

Dear Friends,

Just some quick math.

24k is what is quoted as gold prices.

14/24 = .5833333 purity

10/24 = .416666 purity

31 grams = 1 oz

420/31 = 13.54

13.54 x 8 = 108.38

thus if 24k gold is selling at $420 oz and you have 8 grams of pure gold it is roughly equivalent to $108.38 ........ that is if you want to trade ... lol ... ... at least I think that is basically right ..... questions ? ...... comments ????

oneness,
dh

[onepence]

http://www.uaeinteract.com/news/default.asp?ID=186


With a capacity of 100 tonnes a year initially and a turnover of US$1 billion, the refinery is expected to play a major role in the economic development of the UAE and will meet the international standards. The large regional market of almost 2,000 tonnes of annual gold imports leaves a scope for further expansion by adding another 100 tonnes of yearly capacity. India alone imports 875 tonnes of gold per year in addition to Saudi Arabia, Bahrain, Pakistan and Iran - the other big gold consumers in the region.

Meanwhile, Emirates Gold will open its new multi-million refinery at DMCC next month