Don't Shoot --- White Flag Waving --- Don't Shot
E.C.
Please help me to see where the forest starts.
Just need a few trees.
physical gold - heavy stuff using tonnage
but then while that solid gold calf existed in folk lore
a solid gold ship afloat may have not
either way another way to view total gold above ground is needed
and i think someone once said it was the size of a cube
of dimentions i forget, either 100 feet on a side,
or a thousand, or golly lets try another way,
these bars that are poured at the mine
weight of about i'am guessing 35 pounds
please correct me here
but we all know what they look like
10 inches by 3 by 2 maybe
ok, lets move on and just not go there
the ounces and price stuff
but just amount using number of these bricks
now for sure to calculate the number of these bricks
that would exist if all physical gold above ground
was collected melted and stacked together would become
that solid structure of a cube to help me get a visual picture,
but its really the number of bricks total i need so that it can
be seperated into piles
Reminder: only above ground gold already mined & refined
ok, as i'am just trying to get a degree of sanity here
now, assuming the central banks of 10 nations hold 90%
of government "owned" gold, and a big percentage exist
as jewerly, and most likely private ownership is the smallest
ok, but lets assume that gold jewerly in places like India
and the Middle East really is 24 carrot chunky stuff so that
private ownership can really become a large percentage
of total above ground gold, and i guess some nations in
the Middle East that buy using the office of the government
is really private ownership.
ok, let me end this babble and get to my pointed question
how many total bricks exist
how many bricks exist in each nations central bank
how many bricks exist as gold jewerly NOT suitable for a melt
a.k.a. America's cheapo stuff
how many bricks exist as gold jewerly suitable for a melt
a.k.a. India Middle East wealthy folks
how many bricks exist for trading i.e. selling & buying
a.k.a. this i'am clueless on, but know it determine price of gold
or simply the supply demand equation
ok, and now i will bet you 1,000 chocolate fudge donute holes
that if the central banks say they hold 1,000,000 of these bricks
that 3/4 of them exist as donute holes
or, only on paper
with, some on toilet paper
so, fear not for new gold discoveries inside Mother Earth
as even if it could be mined all by April 1 All Fools aDay
it would not equal amount needed to re-fill them central banks
ok ? but really,
how many missing bricks do these central banks have
or, how many bricks needed to fill those donute holes?
and how many can be mined for the next 12 months ?
all done
thanks
d:oug |
