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Reply #59: Real wealth? Please [View All]

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northzax Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Nov-27-11 12:15 PM
Response to Reply #4
59. Real wealth? Please
Fort Knox holds roughly 147 million Troy ounces of gold. (fun fact: that's roughly 2% of all the gold ever extracted in human history) at friday's closing price of $1695.95/oz that means the aggregate value is $248,000,000,000. Yes, that's $248 billion. A lot of money, But half the revenues of Wal Mart last year. The GDP of the us last year was $14.58 trillion. Trillion. Trillion. 52 times larger.
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