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The Strike Point Archive 01

Okay, now you guys have me completely confused.

Wow, I've never seen so many numbers where none of them seem to add up. I have no idea how to follow what you guys are saying.

First the strike is described as being a half pound. Then you say it is 6.6 ounces of silver. Half a pound is 8 ounces and half a troy pound is 6 ounces. Where does the 6.6 come from? Was the half pound reference approximated?

Then Skip says $14.50 times 8 = $115. Okay, it's actually $116, but who's counting.

Finally, onemadlush says "monex says silver closed at 14.49 today scrap is worth $94.18 collectors value ????" but 6.6 X $14.49 = $95.63, not $94.18, and 6.6 is neither half of a pound nor half of a troy pound! And since silver is quoted in troy ounces, half a troy pound would be 6 x $14.49 = $86.94.

Somebody please explain.

Thanks.

Glenn

Messages In This Thread

caesars half pound you don't have
Re: caesars half pound you don't have
That is a cool token Kirk
Silver colsed at $14.50 @ 8x= $115.00
Re: Silver colsed at $14.50 @ 8x= $115.00
Okay, now you guys have me completely confused.
Re: Okay, now you guys have me completely confused
sold: caesars half pound you don't have

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