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To: Travis McGee
"I rough-count approx. 150 pallets in sight, with approx. 80 bars per pallet. At about 100# per ingot, six pallets high, that makes each stack of pallets weigh about 48,000 freaking pounds!!"

Let us look at this from another angle, Travis. One billion dollars in gold is about 170,000 lbs at $500 per ounce.

If you have 150 pallets, you are only looking at 1,111 lbs per pallet, which is not unbelievable.

On the other side, 1,100 pounds of gold would be less than one cubic foot in volume. This would be only about 13.8 lbs per bar.
27 posted on 12/09/2005 11:14:58 AM PST by marktwain
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To: marktwain

""I rough-count approx. 150 pallets in sight, with approx. 80 bars per pallet"

Then that's twice as many bars as they need @ $500/oz.


38 posted on 12/09/2005 11:25:26 AM PST by gondramB ( We don't get no government loan and no one sends a check from home-we just do what what we wanna)
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