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Gold/Mining/Energy : GOLD-XAU
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To: philv who wrote (913)12/27/1997 2:09:00 AM
From: Bear  Read Replies (1) of 1756
 
I have enjoyed reading your messages, as you seem quite intelligent and well-informed. But you goofed big-time on the value of gold holdings of the countries you mentioned. The total amount of gold in the world is about 4 1/2 billion ounces, worth about 1.3 trillion dollars now. Do a little math on the values you gave in your message, and you'll see they are many times the actual values.

Bear
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