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filthy
SFN Die Hard

USA
14408 Posts

Posted - 01/03/2011 :  08:19:14  Show Profile Send filthy a Private Message  Reply with Quote
Anyone who hasn't seen this one has no television (and is probably the better off for the lack of one).

It's all about those "gold" coins that are being ruthlessly mongered by some lame "gold" coin company or other, on practically every channel. I didn't do the math, but I figured they were actually worth maybe a couple of bucks each. I was being generous; PZ did the math and it turns out that the coins are clad with something like $0.64 worth of actual gold. The word "clad" was the one that set off my bullshit detector. "Clad" simply means "plated" and requires very little material.
How innumerate are Americans, anyway?
Category: Skepticism
Posted on: January 2, 2011 7:32 PM, by PZ Myers

I just saw a commercial peddling gold coins, going on and on about how the price of gold was soaring above $1300 per ounce, and showing this fancy glinting well-lit shiny gold coin and telling everyone the cost of gold meant the $50 price could only be guaranteed for 7 days. This coin is 14 karat 0.9999 pure gold clad! A little deeper in to the spiel, they mention that it contains 14 milligrams of pure gold.

Using their own numbers, by my calculation that means the $50 coin contains about 64¢ worth of gold.




"What luck for rulers that men do not think." -- Adolf Hitler (1889 - 1945)

"If only we could impeach on the basis of criminal stupidity, 90% of the Rethuglicans and half of the Democrats would be thrown out of office." ~~ P.Z. Myres


"The default position of human nature is to punch the other guy in the face and take his stuff." ~~ Dude

Brother Boot Knife of Warm Humanitarianism,

and Crypto-Communist!

Dr. Mabuse
Septic Fiend

Sweden
9687 Posts

Posted - 01/03/2011 :  13:27:38   [Permalink]  Show Profile  Send Dr. Mabuse an ICQ Message Send Dr. Mabuse a Private Message  Reply with Quote
How did that saying go again..: A fool and his money are easily parted ?

Dr. Mabuse - "When the going gets tough, the tough get Duct-tape..."
Dr. Mabuse whisper.mp3

"Equivocation is not just a job, for a creationist it's a way of life..." Dr. Mabuse

Support American Troops in Iraq:
Send them unarmed civilians for target practice..
Collateralmurder.
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BigPapaSmurf
SFN Die Hard

3192 Posts

Posted - 01/04/2011 :  07:01:57   [Permalink]  Show Profile Send BigPapaSmurf a Private Message  Reply with Quote
Hell I'll whip up a home plating kit and sell em for 25$ a pop! Line starts to the left, no pushing!

"...things I have neither seen nor experienced nor heard tell of from anybody else; things, what is more, that do not in fact exist and could not ever exist at all. So my readers must not believe a word I say." -Lucian on his book True History

"...They accept such things on faith alone, without any evidence. So if a fraudulent and cunning person who knows how to take advantage of a situation comes among them, he can make himself rich in a short time." -Lucian critical of early Christians c.166 AD From his book, De Morte Peregrini
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