Tuesday, November 17, 2009

How big is the amount of all gold ever mined??

Well, first let's think about how much gold India bought from the IMF recently . . . Meanwhile, the Buttonwood column of this week's Economist, titled Paper Promises, Golden Hordes, discusses the small quantity of gold that actually exists: "Two hundred metric tons of gold [that's what India bought] would occupy a cube of a little more than two meters on a side; it would fit into a small bedroom." And of course, all the gold that's ever been found would fit into two Olympic-sized swimming pools.

Think about adding to your gold holdings!

No comments: