Recently we looked into how much would someone, like say a $10.00 an hour laborer, make in a single day if they were payed in Gold. Before we reveal the result, this gold would be 24 karat refined gold. There are grades of gold, starting from scrap gold. From scrap gold it's divided into karats, up to 24 karats as the highest quality.
Karat conversion:
58.33% - 62.50% = 14k (acclaimed 58.33%)
75.00% - 79.16% = 18k (acclaimed 75.00%)
91.66% - 95.83% = 22k (acclaimed 91.66%)
95.83% - 99.95% = 23k (acclaimed 95.83%)
99.95 and above = 24k (acclaimed 99.99%)
An average American can make about $100.00 dollars a day, before taxes. We're not gonna break hearts and tell how much taxes take. However, that should be looked into for financial freedom.
So how much gold would someone make a day, making a $100.00 dollars a day, before taxes, in the United States in 2014. The answer is "2 grams of gold".
Karat conversion:
58.33% - 62.50% = 14k (acclaimed 58.33%)
75.00% - 79.16% = 18k (acclaimed 75.00%)
91.66% - 95.83% = 22k (acclaimed 91.66%)
95.83% - 99.95% = 23k (acclaimed 95.83%)
99.95 and above = 24k (acclaimed 99.99%)
An average American can make about $100.00 dollars a day, before taxes. We're not gonna break hearts and tell how much taxes take. However, that should be looked into for financial freedom.
What is a gram of gold? A single gram of gold is about the size of a dime. No, a dime is too big really, a single gram is smaller than a dime. Today a gram of gold is worth about $54.00 dollars, so roughly a person would make 2 grams of gold a day. If taxes take half, then "1 gram of gold" would be made. That's in 24 karat gold.
photo by cointalk.com (size of 1 gram of 24k gold)
The recent digging for gold tv shows, might not be a bad idea, although costs are not fully mentioned in the show. Digging for ANYTHING, might not be such a bad idea at all. A simple concrete business would still make a killer profit. Find a material to quarry and live happy ever after. To think that some people take general jobs so serious, is ridiculously scary, for such a small cut. People have even been brutally attacked over a day or 2 worth of pay or even arrested for something that equals a few scraps worth of yellow metal.
To get an idea of 1 million dollars of gold, get something the exact same size and width of an IPhone. An IPhone is about the exact size of 1 Kilo of Gold, or a 1 kilo bar of gold. That one kilo is worth about 46-50k in US dollars. So, roughly 2 gold kilo bars would stand for $100,000 dollars. If its possible to find or make something around the size of an IPhone, and stack it 20 times, then it would be possible to see what 1 million dollars looks like in gold. The stack is about the size of a kids shoe box, or an average school lunch box. [average lunch box]
To get an idea of 1 million dollars of gold, get something the exact same size and width of an IPhone. An IPhone is about the exact size of 1 Kilo of Gold, or a 1 kilo bar of gold. That one kilo is worth about 46-50k in US dollars. So, roughly 2 gold kilo bars would stand for $100,000 dollars. If its possible to find or make something around the size of an IPhone, and stack it 20 times, then it would be possible to see what 1 million dollars looks like in gold. The stack is about the size of a kids shoe box, or an average school lunch box. [average lunch box]
Posted in: Samoan Nerd Blog
Trust in Medical help has lowered since year 2000, especially when it comes to Cancer Treatments. Promises unkept for cures and breakthroughs in new research never applied, or with poor results, for over 40 years has raised skepticism. Following the most advanced tech nations instead of relying on easy access convenient hospitalization has been recommended for those looking for better medical help.
