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Politics : Formerly About Advanced Micro Devices

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To: Brumar89 who wrote (652048)	4/20/2012 5:18:05 PM
From: J_F_Shepard	Read Replies (1) of 1580146

"Don't need to. You've been posting about Swiss bank accounts held by non-Swiss yourself. " Yeah you do, if you want to claim Swiss currency is in the same league as the US dollar..... " The amount being mined is a piddling amount compared to the world supply." So why is considered to be so valuable.....do we burn it? Do we use it in commercial products on a large scale...no, it's just a nice shiny metal that is attractive to many people as jewelry... ". A total of 165,000 tonnes of gold have been mined in human history, as of 2009. [2] This is roughly equivalent to 5.3 billion troy ounces or, in terms of volume, about 8500 m3, or a cube 20.4 m on a side. The world consumption of new gold produced is about 50% in jewelry, 40% in investments, and 10% in industry. [3]" en.wikipedia.org

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