600 tons? Well, so much for their opinion that gold is going to get much higher. Frankly, sounds like they're getting out while the getting is good....although, I can't help but wonder by their announcing the sale. You'd think with this much $$$ worth of gold to unload they would be a bit more circumspect.
600 tons x 2000 lbs x 16 oz = 19,200,000 ozs x $409.25/oz = $7,857,600,000
That's almost 7.9 BILLION dollars, at today's gold quote.
That, my friends is a tidy sum...
Wonder where it all came from?????
Semper Fi