Gold increasing foreign exchange, the world's gold reserves and their trading market have become a small fraction of all markets and fixed exchange rates of currencies to gold have been replaced by floating prices for gold and gold future contract. Though the gold stock grows by only 1 or 2% per year, very little metal is irretrievably consumed. Inventory above ground would satisfy many decades of industrial and even artisan uses at current prices. The gold proportion (fineness) of alloys is measured by karat (k). Pure gold (commercially termed "fine" gold) is designated as 24 karat, abbreviated 24k. English gold coins
How many angels can dance on the head of a pin? about how many could perch at the same time on the head of a pin"". Dorothy L. Sayers argued that the question was "simply a debating exercise" and that the answer "usually adjudged correct" was stated as, "Angels are pure intelligences, not material, but limited, so that they have location in space, but not extension." Sayers compares the question to that of how many people's thoughts can be concentrated upon a particular pin at the same time. She concludes that infinitely many angels can be located on the head of a pin, since they do not occupy any space there: