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To: Ken522

400 tons * 2000 lbs * 16 ounces * $935/ounce == $11.968 billion


17 posted on 06/19/2009 2:17:39 PM PDT by sten
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To: sten
400 tons * 2000 lbs * 16 ounces * $935/ounce == $11.968 billion

400 Troy tons * 2450 Troy lb. * 12 Troy ounces * $935/ounce = $10.995 billion.

Still a lot of gold and not nearly as easy to handle as, say $134 Billion in US Bonds.

21 posted on 06/19/2009 3:11:02 PM PDT by atomic_dog
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