 |
| ZeroHedge |
Showing posts with label Gold. Show all posts
Showing posts with label Gold. Show all posts
Oct 18, 2012
Gold Price In Several Currencies (2007-2012)
This graph from Reuters shows that gold (price set to 100 in all currencies in the beginning of 2007) rose in all selected currencies from 2007-2012. In UK pounds the gold price rose the most. What might be surprising is that the gold price rose more in Swiss francs than in Japanese yen, in which for the last currency gold grew the least.
May 26, 2011
How Much Gold Would It Take To Pay Off The U.S. National Debt?
This pictures shows the United States Government Debt in Troy Pounds of Gold.
From The Atlantic:
'In fact, it now takes much less gold to pay off the U.S. debt than it did a decade ago. At first, this might seem surprising, since the debt has grown so much. But the price of gold has jumped even higher.
One takeaway from this exercise is to show how little impact the U.S.'s gold reserves would make in paying down the debt. The U.S. government has around 21.7 million pounds of gold. That might sound like a lot, but it would take 808.0 million pounds of gold to pay off the debt.'
From The Atlantic:
'In fact, it now takes much less gold to pay off the U.S. debt than it did a decade ago. At first, this might seem surprising, since the debt has grown so much. But the price of gold has jumped even higher.
One takeaway from this exercise is to show how little impact the U.S.'s gold reserves would make in paying down the debt. The U.S. government has around 21.7 million pounds of gold. That might sound like a lot, but it would take 808.0 million pounds of gold to pay off the debt.'
 |
| Source: The Atlantic |
May 23, 2011
May 8, 2011
World Gold Holdings: The Countries with the biggets gold reserves
This post graphs the countries (and the IMF) with the biggest gold holdings by their central banks.
 |
| Source: Jim Rickars (World Gold Council) |
Subscribe to:
Posts (Atom)