Haha that's what I was thinking. I never thought I'd say it, but after the kind of money your US government has been throwing around, 'billion' actually doesn't seem that big.Billion? That's so 2007.
Everyone knows the easy gold is in the federal reserve. 😉
All you need to get it is some dump trucks.
That gold is losing 5 mil a day in interest even if you are only getting 1% annual rate.
That gold is losing 5 mil a day in interest even if you are only getting 1% annual rate.
Added bonus if you can manage a German accent while doing it.
What? I thought the price of gold was rising? The coin commercial on TV told me so!
Building materials used included 16,000 cubic feet of granite, 4,200 cubic yards of concrete, 750 tons of reinforcing steel, and 670 tons of structural steel.
Thats really not the true value of the gold. Your way too high. If the gold was removed and they started to sell it off, the value of gold would drop dramatically, probably by about 60 or 70 percent. Remember, the price is in part dictated by supply and demand. If supply is high, demand will be low. The real value of the gold is probably around 80 or 90 billion, or less.