Gold and Silver RE-EVALUATED by the US Senate?? | Economic Update
- User1FirstName
2 hours ago
In the words of Charlie Murphy: WRONG!!!
The U.S. Treasury reportedly has almost 261,500,000 troy ozs of gold & values it at $42.2222/troy oz. There are 32,150 troy ozs to a metric tonne, so this equals almost 8,134 tonnes.
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261,500,000 ozs Gold × $2,000/oz = ONLY $523 Billion!
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$27 Trillion Debt ÷ 261.5 Million Troy Ozs = $103,250.4780/Troy Ounce.
This guy’s an idiot!
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