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Reply to: Good as gold

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Previously on "Good as gold"

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  • TimberWolf
    replied
    Originally posted by amcdonald View Post
    Buy them from the local market then, it's cheaper than supermarkets and you're supporting small businesses...a double win
    I didn't know that. I should probably buy a lettuce instead of the bags anyway.

    Cheapest bang for buck in energy terms seems to be flour followed by rice and oats. And further down the leader board pasta and lentils. Not including sugar and olive oil that are almost pure calories and not really meals.

    Leave a comment:


  • amcdonald
    replied
    Originally posted by TimberWolf View Post
    I know. And as for vegetables, I hope it's a seasonal thing as it seems like it was only a few months ago when a bag of veg cost £1, now it's £2. And I think there are putting more water in the bags measured in weight. I seem to get less veg that in the £1 bags of yesteryear anyway.
    Buy them from the local market then, it's cheaper than supermarkets and you're supporting small businesses...a double win

    Leave a comment:


  • TimberWolf
    replied
    At the end of 2009, it was estimated that all the gold ever mined totaled 165,000 tonnes[1] This can be represented by a cube with an edge length of about 20.28 meters. The value of this is very limited; at $1,200 per ounce, 165,000 tons of gold would have a value of only $6.6 trillion.
    Gold - Wikipedia, the free encyclopedia
    $6.6 trillion = $6.6 * 10^12. So how many houses would all the gold in the world buy in the UK? Say an average house costs a rather modest $100,000. $6.6 * 10^12 / $100,000 = 66 * 10^6, which is about the official size of the UK population (and about half the actual figure but I digress). So enough to buy everyone in the UK a house. Except of course we'd run out of room if everyone in the UK had a house and prices would rocket.

    Leave a comment:


  • TimberWolf
    replied
    Originally posted by AtW View Post
    chocolate bars getting smaller and smaller...
    I know. And as for vegetables, I hope it's a seasonal thing as it seems like it was only a few months ago when a bag of veg cost £1, now it's £2. And I think there are putting more water in the bags measured in weight. I seem to get less veg that in the £1 bags of yesteryear anyway.

    Leave a comment:


  • AtW
    replied
    Originally posted by TimberWolf View Post


    I wonder what a UK house prices versus (Mars Bars or Big Macs) would look like ?
    chocolate bars getting smaller and smaller...

    Leave a comment:


  • Waldorf
    replied
    Gold has had its day.

    The price might nudge higher in the short term, depending upon what happens in the Middle East, longer term, the price will fall.

    Leave a comment:


  • TimberWolf
    replied


    I wonder what a UK house prices versus (Mars Bars or Big Macs) would look like ?

    Leave a comment:


  • scooterscot
    replied
    toot toot, as you say.

    On Thursday, the European Central Bank is expected to raise interest rates, making the euro more attractive to foreign investors and raising the prospect of further weakening of the dollar.

    Leave a comment:


  • DimPrawn
    started a topic Good as gold

    Good as gold

    Gold price hits record high on inflation fears - Telegraph

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