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Strategies & Market Trends : Booms, Busts, and Recoveries
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To: TobagoJack who wrote (21834)7/29/2002 6:31:16 AM
From: Maurice Winn  Read Replies (2) of 74559
 
Hello Jay. I want to know how much money there is, and if it was all converted to gold, how much each ounce of gold would be worth.

If the money is all converted to US$ at today's exchange rates, that would result in about umptytrillion dollars, which would mean maybe $10,000 per ounce, if all money was converted to ounces of gold, since there are only about 3 billion ounces of gold in captivity.

Mqurice
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