USA Gold Reserves ~ Disappearing ~ Where did 48K = 48,000 Metric TONS Go ?!?!?
(media.greatawakening.win)
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In case you wondered: Today's value of 48,000 metric tons of gold:
$55,886,360 (per ton) × 48000 tons = $268,311,120,000,000
This is approximately $268.3 trillion.
I fixed the math sorry, it was before my covfefe....
Seem high doesn't it? Did we have that much gold to begin with (and of course that isn't all of it).
According to: https://www.usgs.gov/faqs/how-much-gold-has-been-found-world
About 244,000 metric tons of gold has been discovered to date (187,000 metric tons historically produced plus current underground reserves of 57,000 metric tons). Most of that gold has come from just three countries: China, Australia, and South Africa. The United States ranked fourth in gold production in 2016.
All of the gold discovered thus far would fit in a cube that is 23 meters wide on every side.
Most of the gold that is fabricated today goes into the manufacture of jewelry, but gold is also an essential industrial metal that performs critical functions in computers, communications equipment, spacecraft, jet aircraft engines, and a host of other products.
This site: https://www.usmoneyreserve.com/news/gold/how-much-gold-is-in-the-world/
Claims: No one knows for certain how to calculate the total amount of gold ever mined, but the best guess is that around 190,040 tonnes of gold have been mined throughout history, reports the World Gold Council (WGC). Each year, mining operations extract about 2,500 to 3,000 tonnes of gold.