All to gold in the world is worth 1.25 trillion dollars

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    • #408139
      eridani
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      • Total Posts: 9,009

      How Much Gold is there in the World?.
      https://gold.to/how-much-gold-in-the-world/

      Today, at a rough 2017 price of USD 1,145.90, all the gold in the world is worth 1.25 trillion dollars

      With a 2017 GDP of more than $18 trillion, the US economy represents more than 20% – or more than 1/5th – of the entire global economy. Gold is worth about 7 % of US GDP, which makes is not too useful as a medium of exchange.

      Jesus: Hey, Dad? God: Yes, Son? Jesus: Western civilization followed me home. Can I keep it? God: Certainly not! And put it down this minute--you don't know where it's been! Tom Robbins in Another Roadside Attraction

    • #408216
      Cold Mountain Trail
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      • Total Posts: 12,932

      so bezos is nearly worth all the gold in the world.  good to know.

      richer than solomon.

      but much uglier.

      no human being should have such power.

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