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their trading market have become a small fraction of all markets and fixed exchange rates of currencies to gold have been replaced by floating prices for gold and gold future contract.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 More Years Midnight", described by Phillips as "the most different record I ever heard", was probably recorded at a different session. Phillips had not yet set up Sun Records and regularly leased his recordings to the Chess label in Chicago. The record was issued as Chess 1479 on 15 September 1951, with "Moanin' at Midnight" as the A-side and "How Many More Years" as the B-side. "Moanin' at Midnight" entered the R&B chart on 10 November 1951, and was followed four weeks later by "How Many More Years", which became the more popular side and rose to no.4 on the chart. The