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To: ckilmer

Are you sure you’re sure, Kilmer?

SEE: U.S. Gold, Going or Completely Gone?

http://www.financialsense.com/fsu/editorials/kirby/2009/0529.html

I am interested in your opinion of the above article.


128 posted on 04/11/2010 10:35:56 PM PDT by SatinDoll (NO Foreign Nationals as our President!!)
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To: SatinDoll

SEE: U.S. Gold, Going or Completely Gone?

http://www.financialsense.com/fsu/editorials/kirby/2009/0529.html

I am interested in your opinion of the above article.
.......
I looked at the article. On table 3 the guy inserts in gold that “Almost 3000 metric tons of “Gold components” were exported from the US in 2008.”

However, if you read the table it says that the numbers on the table are denominated in “kilograms of gold, unless otherwise stated.”

The numbers for US gold exports are put in kilograms.

there are .001 metric tons in a kilogram.

so if you multiply 3000 metric tonnes by .001 you get 3.

The US exported about 6600 pounds of gold last year.


135 posted on 04/12/2010 4:47:58 AM PDT by ckilmer (Phi)
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