So, USA is in dire debt to China. And then I recall there being demands to have witnesses/audits to the entire purported Federal Reserves stash of Gold Bricks!
So I went statistic finding...
So that means
2000 pounds in 1 Ton, and according to Gold Reserve under Wikipedia the USA has a reserve of 8,133 TONS of Gold,and for roundings sake I lob off the ,133 portion. running with those number the US Federal Reserve has in excess of 16,000,000 pounds of gold. Going by the math (once again,lobbing off the extra numbers and creating a "rounded down" estimated value of total gold held by US Federal Reserve
16,000,000LBS of Gold x $16,000 value per Pound = $256,000,000,000 in pure Gold Value alone.
And here I thought we was sitting on some epic amount of gold..... FOK?
The full numbers crunched in calculator come to 265,298,460,000. If the math is correct?
Sources are
U.S. National Debt Clock : Real Time
How much is gold per pound
Gold Price
Let me google that for you
So I went statistic finding...
Originally posted by Wiki Answers
2000 pounds in 1 Ton, and according to Gold Reserve under Wikipedia the USA has a reserve of 8,133 TONS of Gold,and for roundings sake I lob off the ,133 portion. running with those number the US Federal Reserve has in excess of 16,000,000 pounds of gold. Going by the math (once again,lobbing off the extra numbers and creating a "rounded down" estimated value of total gold held by US Federal Reserve
16,000,000LBS of Gold x $16,000 value per Pound = $256,000,000,000 in pure Gold Value alone.
And here I thought we was sitting on some epic amount of gold..... FOK?
The full numbers crunched in calculator come to 265,298,460,000. If the math is correct?
Sources are
U.S. National Debt Clock : Real Time
How much is gold per pound
Gold Price
Let me google that for you
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