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Title: What is all the Gold, Silver,and Platinum on Earth worth?
Source: YouTube and the History Channel
URL Source: http://www.youtube.com/watch?v=Oz_oRrn9XjY
Published: Apr 14, 2014
Author: johnb41984
Post Date: 2014-04-14 13:48:09 by GreyLmist
Keywords: Precious Metals, Resources, Commodities, Nevada
Views: 99
Comments: 17

10 minute video. From the Description section:

All the gold ever mined and all the gold still in the Earth is worth over 12 trillion dollars. At today's price at around $1650 that is over 7.4 billion ounces.

All the silver is worth 522 billion dollars. At around $31 and ounce that is 16 billion ounces.

All the platinum is worth almost two trillion dollars which is around 1.2 billion ounces.

That makes all the Gold, Silver, and Platinum on Earth worth almost 15 trillion dollars.


Poster Comment:

In other words, not enough to zero out America's supposed debts even if we had all of those precious metals ever mined; and India has far more gold we do. China and Australia are the world's biggest gold producers. In America, Nevada and Alaska are the biggest gold mining States. Large silver mines in Mexico, Peru and China. South Africa, Russia and the U.S. have the most platinum. Seems that there would be a high risk of foreign dependancy on gold and silver for America to rely heavily on those metal standards presently as currency backing.

Full length video (89 minutes) available for viewing at:

What's the Earth Worth? Full Episode - HISTORY Specials - HISTORY.com

Indicates that we're better situated financially in timber and cattle.

Nevada gold...cattle there rustling in the news currently...just noting those convergence points of interest, imo.

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#1. To: GreyLmist (#0)

If you remember the movie, "Cowboys and Aliens", you will recall that the aliens thought that gold was a very rare substance. ;)

BTP Holdings  posted on  2014-04-14   16:53:08 ET  Reply   Untrace   Trace   Private Reply  


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#7. To: BTP Holdings (#1)

If you remember the movie, "Cowboys and Aliens", you will recall that the aliens thought that gold was a very rare substance. ;)

I didn't see that movie but looked it up at Wikipedia and watched a short trailer at YouTube, since you mentioned it. If that's what they thought, I'd have to guess they weren't superior to humans in Chemistry.

GreyLmist  posted on  2014-04-19 08:54:46 ET  Reply   Untrace   Trace   Private Reply  


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