Gold in your Hand not in the Ground WGC
The WGC above ground Gold 187,200 Tonnes. There is 32,150.75 Troy Ounces per Tonne. Price $1,300 per Troy.
Check my math is that 7.82 Tn $USD of Gold (All the Gold in the world)? What’s the US Debt at 20.19 Tn as of now. US Debt 258% of all the above ground Gold in the World and Tax Breaks coming at you ASAP.
A US $100 apparently weighs 0.5 gram. The US Debt is around 101 Million Kg of $100 dollar bills.
Keep the 101 Million KG of Paper I’ll take delivery of the Gold.