Gold Except Tungsten Fake Gold Distribution in the World
- Details
- Category: Tungsten's News
- Published on Tuesday, 15 January 2013 17:39
Gold - Visualized in Bullion Bars
There's surprisingly little Gold in the world & this info graphic shows all the Gold ever mined. In this Gold info graphic everything is calculated with Gold price at $2000/oz. When Gold reaches $3110/oz, 1 oz of Gold & a $100 bill will have equal value in weight, and it won't matter if you have 1oz of $100 bills or 1oz of Gold. Gold is usually measured in Troy Ounces. A Troy Ounce is about 1.09 regular Ounces.
Gold - Size Chart
This is a chart of standard Gold bullion size comparison. The cubes are measured by volume & Gold weight of 19.30 g/cm−3. The plates are typical Gold bar dimensions of same Gold weight.
400 Troy Oz of Gold 999.9 Fine Bullion Bar
The Gold bar to below is worth the $800,000 displayed on the left at $2000/oz.
The Gold bar weights 12.44 kg, 27.42lbs or more than
3x 1-gallon milk jugs - quite heavy.
As an investment, Gold has out performed Dow Jones for last 8 years straight.
1 Ton of Gold
The 1 ton of Gold is worth $64.3 Million dollars at $2000/oz.
Gold has gone from $18.92 in 1911 to over $1,700 in 2012, the price of Gold has inflated more than 9,000%
In recent times, Tungsten (heavy 'cheap' metal) filled fake Gold bars, which look like the ones above, have been found in Manhattan.
Such tungsten fake bars can be even be ordered from tungsten-alloy.com & chinatungsten.com.
The Bank of England's Gold Reserves can be seen in this video.
Statement from Chinatungsten Online: Chinatungsten Online (Xiamen) Manu.&Sales Corp. is a very professional and serious company, specializing in manufacturing and selling tungsten alloy related golden-plated products for more than two decades. Our gold-plated tungsten alloys are only for souvenir and decoration purpose. We can provide different kinds of tungsten alloy golden-plated products according to your requirements. Here we declare: Please do not use our tungsten gold-plated or tungsten alloy golden-plated products for illegal purpose.
A Chevrolet Silverado 2500 Truck full of Gold
This is how much Gold the average man could haul in his truck without braking the suspension.
Max carrying weight of the truck is 3670 lbs = 1664.68kg, which is the weight of the Gold you see in the truck bed - 133x 400oz bullion bars of Gold.
The value of the 1.66 tonnes of Gold at $2000/oz is displayed to the left at $106.4 Million dollars.
10 Tonnes of Gold vs 100 Tonnes
The Central Banks of western countries usually handle their nations' large Gold Reserves. Couple generations ago the US dollar was backed by Gold, so the Fed had to hold Gold. Today, the dollar is backed by the confidence in United States' repayment of its debt (bonds). The US Central Bank's- The Federal Reserve's Chairman Ben Bernanke, says that Gold is only held as a tradition and that Gold is not money
Semi Truck 'full' of Gold - 24.88 Tonnes
The legal carry weight of a semi-truck is between 22-25 tonnes.
The truck is carrying 24.88 tonnes of Gold worth $1.6 Billion dollars @ $2000/oz (on the 2nd truck).
$2,130,952,380 = B2 Bomber = 33.14 Tonnes of Gold @ $2000 / oz
Couple years back when Gold was less valuable, a B2 Bomber was literally worth more than its weight in pure Gold. With the price of Gold going up, finally Gold is more valuable in weight than a B2 Bomber.
The Northrop Grumman B2 Spirit Bomber program cost $44.75 Billion for a total of 21 units built, that averages to $2,130,952,380 per unit and the same value in Gold @ $2000/oz can be seen on the semi-trucks on the right. To the left you see a Semi truck with $2.13 Billion dollars.
Doesn't matter how you choose economically between the semi truck of cash, the Gold trucks or the B2 Bomber, they're all worth the same.
US Gold Reserves - 8,133.5 Tonnes
The 8,133.5 Tonnes of Gold Reserves have an official book value worth $11,041,059,958
($11 Billion) as of 1/11/2013 and are shown below.
Year 1933, in the Pillar of Human Civilization & Capitalism-- The United States of America, Gold possession was criminalized. Shortly after confiscating the Gold, the US devalued Gold from $20.67/oz to $35/oz, by so devaluing the US dollar by 70% overnight. The US Dollar 'Federal Reserve Note' still said "Redeemable in Gold", while doing so got you arrested. USA was on the Gold Standard until 1971. Gold possession remained illegal until 1975.
The arguably real intention of criminalizing Gold was because the Federal Reserve printed too many dollars, backed by a limited amount of Gold. People knew Gold was worth more than the $20.67/oz that US Government was 'redeeming' (selling) Gold at.
World Government Gold Reserves
This Gold values shown are official numbers from Wikipedia.
There is a strong chance the numbers are inaccurate since western world's Central Banks have purportedly leased out the Gold reserves while using accounting tricks to hide the facts, in order to push the Gold price down. Gold price is an indirect indicator of economic stability, the lower the price, the more stable the global economy appears.
Developing countries have been buying significant amounts of Gold in recent years, with India being #1 and China #2.
The Federal Reserve Bank of New York holds 540,000 Gold bars. Germany stores 45% of their Gold with Federal Reserve, while according to official memo from Bank of England to Federal Reserve it is acknowledged that Gold delivered back to Germany has been 'bad delivery' bars, instead of 'good delivery'. Germany & Switzerland are concerned and are interested in getting the Gold they store w/ the Fed, back home
A German court has recently demanded audit of Germany's Gold holdings, while the Central Bank of Germany has begun shipping 50 tonnes of Gold / year back home.
Many other governments are engaging in Gold hoarding, including China,who imported more Gold in 2012 than all of ECB's holdings.
This page is from Demonocracy Info.