The Metals Mania Hits A New Level

I wish I could make this up.  I logged into my email account this morning and found this waiting for me:

My name is Mr. Kofi J. Mensah, I am the Chief Elders of my village, am from Obuasi, Ghana in West Africa. I am using this medium to let you know that we have Gold dust for sale at cheaper  price.

Below is the specification:
Commodity: AU Alluvial
Gold Dust
Carat: 23 Carat
Quantity: 50kg
Purity: 92.9%

I will be glad to hear from you soonest.

Kofi J. Mensah
From Obuasi,

Hey – let’s analyze this deal from Mr. Mensah, shall we?  50kg is 1763 ounces. Multiply that by $1400/oz and we get almost $2.5 million bucks!   Sounds like a bargain at $23 grand! (SARCASM ALERT)  Of course, 92.9% pure 23 carat gold dust is not quite the same as .9999 gold bullion.
Although I do not give financial advice on this blog, I would advise my readers NOT to contact Kofi Mensah in search of gold dust riches.

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