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To: SunkenCiv

I was about to say that 4 tonnes of gold is the whole Zimbabwe treasury, probably worth about a gazillion Zimbabwe dollars. But then I saw that it was 4 tonnes of gold ore. The value would depend upon the concentration of gold in the ore. If, for example, the ore was 1/2% gold, the value would be about $300,000,000.

(Did I mention that those are Zimbabwe dollars? It would be less than a million in U.S. dollars.)


15 posted on 07/28/2011 5:14:47 PM PDT by Rocky (REPEAL IT!)
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To: Rocky
...probably worth about a gazillion Zimbabwe dollars.

I'm sure you already know but just in case someone wanders along that doesn't Zimbabwe no longer has a currency. They use U.S. Dollars of South African Rands. Mugabe actually got away with paying off a large portion of their foreign debt with newly printed money until the IMF / World Bank figured out what was going on.

16 posted on 07/28/2011 5:18:46 PM PDT by Pan_Yan
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To: Rocky

My son has some hyper inflationary Zimbabwe notes. One is for 15 trillion dollars. It was worth around 30 cents US when it was issued.


19 posted on 07/28/2011 5:25:09 PM PDT by Rebelbase
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