All The Gold Discovered In The World Would Fit In A 23 x 23 Meter Cube

IFL Science ^ | April 6, 2023 | Charlie Haigh

[TexasGator]

“The hunt is on, as is this current generational Gold Bull market we have entered. “

In 2014, you predicted gold would hit $5,000 in 2015.

Now, ten years later, we are less than half way there in today’s dollars.

[Red Badger]

All I ever find is schist.................😏

[glennaro]

Despite its size and weight, some idiot would still try to steal it in the middle of the night with a pick-up truck and a winch.

[crusty old prospector]

That’s not gneiss.

[Red Badger]

😉.................

[wny]

‘The gold left in the ground is measured either as “reserves”,’....

i believe the terminology is: inferred, indicated, measured, probable, proven

I don’t think this guy knows anything about gold mining.

[rightwingcrazy]

“All The Gold Discovered In The World Would Fit In A 23 x 23 Meter Cube”

All the humans in the world would fit into a 800 x 800 meter cube.

[montag813]

I have always preferred gold over anything else.

But there is a big problem that is inevitable. Not in our lifetimes on this forum, but for our descendants.

A meteor has been found on which, it is claimed, there is potentially $1.5 trillion in gold therein.

Eventually this will be mined, and brought back to Earth, if it even needs to be, since markets will likely be Solar Systemic by that point.

This would collapse the value of gold by perhaps 90%.

Therefore, does it not make sense that the ultimate store of value would be crypto, such as Bitcoin, of which there is a set limit of 21 million?

[Red Badger]

He's a Brit, so..............

[fso301]

Additional perspective would have been helpful.

[montag813]

All the humans in the world would fit into a 800 x 800 meter cube.

Probably about right.

[Red Badger]

A little smaller than a basketball court...........

[GOPJ]

That’s why it’s valuable - it’s rare... If it was as common as aluminum it would be worth the same as aluminum...

[Ken Regis]

Clearly, I’m going to need to get a bigger shed.

[TexasGator]

“That’s why it’s valuable - it’s rare... If it was as common as aluminum it would be worth the same as aluminum...”

It is also prettier and doesn’t corrode.

[Lazamataz]

“All The Gold Discovered In The World Would Fit In A 23 x 23 Meter Cube”

All the humans in the world would fit into a 800 x 800 meter cube.

If you laid every human end-to-end around the equator, many of them would drown.

[Karl Spooner]

[Teacher317]

Most humans have very little understanding of 3-dimensional measures of volume, beyond their measuring cups in the kitchen.

Or of how little gold there is in most of their gold jewelry.

[GOPJ]

OK, it would cost a little more than aluminum...

[fso301]

Thanks!