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<p>[QUOTE=&quot;desertgem, post: 2245890, member: 15199&quot;]Bearze, Precious metals ( Gold, Silver. etc. ) are measured in troy ounces which contains ( as you indicated, approx. 3 more grams ). However a troy lb is 12 ounces as a derivative of the Roman system in 1390. The av. pound ( all others except the prec. metals is 16 av.ounces and was developed later. So a half pound of silver is 6 troy ounces. The extra 3 grams are not a alloy, they are part of the actual ounce amount. If a coin /bar is stamped .999 Ag&nbsp; 1 Tr. Oz. , it will weigh 1 tr. oz ( approx. 31 grams). Yes it is relatively unknown to most, the TV hucksters, never mention it as they want to sell 1 lb of silver as 12 actual tr. oz, whereas the citizens calling in expect 16 ounces Av. </p><p><br /></p><p>No one ( not even the most studious ) knows what will happen to world economics ( and Precious metals are a world commodity, and follow NO previous cycle as there are too many factors. Be Wary.[/QUOTE]</p><p><br /></p>

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