Harrow said...
You will remember that F=ma, so for a 1kg mass, m=1 and a = 9.8, so F = 1x9.8 = 9.8 newtons. But, instead of writing 9.8N on the dial of your bathroom scales, they write 1kg.
a being acceleration, which we are all constantly doing right now at about 9.8m/second, which I think is pretty trippy.
The 9.8 is, I guess, a constant here on Earth so is just removed from the equation (I didn't really attend high school).
...so you could arbitrage by buying in one location and selling in another.
Interesting exerciseYou have a 0.5% difference between the equator and the poles just from centrifugal force, you weigh less at the equator.
Then you lose another 0.3% for every 9,000m of altitude.
So where is the highest location near the equator, and the lowest place nearest a pole, where we can trade gold?
Of course trade costs and transportation are going to kill us.
It's not that far fetched. There are trading companies that setup in locations between major (stock) trading hubs to take advantage of the speed of light. Serious auto trading software wars:
www.wired.com/2012/08/ff_wallstreet_trading/