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Interesting that this question comes up on August 15th… the day Nixon took the US dollar (and thereby, all linked currencies) off the gold standard. About 24
by janandonly 4y ago
Interesting that this question comes up on August 15th… the day Nixon took the US dollar (and thereby, all linked currencies) off the gold standard.
About 244,000 metric tons of gold has been discovered to date (187,000 metric tons historically produced plus current underground reserves of 57,000 metric tons). Most of that gold has come from just three countries: China, Australia, and South Africa. The United States ranked fourth in gold production in 2016. All of the gold discovered thus far would fit in a cube that is 23 meters wide on every side.
- otoburb 4y agoI guess nobody credible has verified Uganda's claim that they are sitting on cf. 320K tonnes of (currently underground unrefined) gold to be mined.[1] All currently known above- and below- ground gold deposits, plus Uganda's claim, would require a cube that is cf. 35 meters wide on each side. [1] https://www.reuters.com/article/uganda-gold-idUSKBN2NP17M https://www.reuters.com/article/uganda-gold-idUSKBN2NP17M