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In more everyday terms: > If it were brought together, all the gold deposits ever mined would fill just a little over three Olympic-sized swimming pools. Anoth

In more everyday terms: > If it were brought together, all the gold deposits ever mined would fill just a little over three Olympic-sized swimming pools. Another analogy is that all global gold ever mined would be only one metre high if spread across a football pitch. https://www.bullionbypost.co.uk/index/gold/how-much-gold-has-been-mined/ https://www.bullionbypost.co.uk/index/gold/how-much-gold-has...

azuredragon 4y ago
To put that into perspective, that’s only enough gold to bathe 3 metric Scrooge McDucks!
- FooBarWidget 4y ago
  Does that mean that it's not enough to fill his money bin?
  - fsloth 4y ago
    Well, the money bin is filled with coins (some notes as filler as well), most of which have never been minted out of gold :D
    - MerelyMortal 4y ago
      But are they gold coins? We can see Scrooge diving into and swimming through it. Either they are light and have low plasticity, or Scrooge is denser than any known element, and stronger than any known living creature.
      - FooBarWidget 4y ago
        Money is to Scrooge what the sun is to Superman. So under the right conditions, Scrooge is denser than any known element, and stronger than any known living creature.
  - Xophmeister 4y ago
    Maybe if we take into account the packing coefficient of coins and other miscellaneous booty it works out.
  - spiffytech 4y ago
    The Money Bin is said to be 39 meters tall, and 37 meters per side. Pennies have a packing efficiency of 57%, so a cube of the Money Bin's contents would be 2.5x the volume of the real-world's gold supply.
chasil 4y ago
Warren Buffet had this to say in a past letter to shareholders of Berkshire Hathaway: "Today the world’s gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within a baseball infield.) At $1,750 per ounce – gold’s price as I write this – its value would be $9.6 trillion." https://www.berkshirehathaway.com/letters/2011ltr.pdf https://www.berkshirehathaway.com/letters/2011ltr.pdf
vl 4y ago
Or just 31 grams (1.1 oz) per person! I always thought that by this time it would be way more.
- deleted 4y ago
  [deleted]
kevinpet 4y ago
this is the interior volume of about 27 2000 sq ft houses with 8 ft ceilings.
amelius 4y ago
> would fill just a little over three Olympic-sized swimming pools How much is in an Olympic gold medal?
- csa 4y ago
  > How much is in an Olympic gold medal? Not much. They are gold-plated these days. https://www.nytimes.com/2022/02/10/sports/olympics/gold-medal-price-value.html https://www.nytimes.com/2022/02/10/sports/olympics/gold-meda... “According to the International Olympic Committee, gold medals are required to be at least 92.5 percent silver, and are plated with about 6 grams of pure gold.”
subsubzero 4y ago
Given people have been mining and coveting gold for thousands of years that is an incredibly small amount given the scale of the earth and other mineral deposits. Looking at gold's well known cousin - Silver which from the beginning of time has seen 1.5 Million tons mined, interestingly enough 90% of that amount has been thrown away - https://www.jmbullion.com/investing-guide/james/silver-supply/ https://www.jmbullion.com/investing-guide/james/silver-suppl...

azuredragon 4y ago

To put that into perspective, that’s only enough gold to bathe 3 metric Scrooge McDucks!

FooBarWidget 4y ago
Does that mean that it's not enough to fill his money bin?
- fsloth 4y ago
  Well, the money bin is filled with coins (some notes as filler as well), most of which have never been minted out of gold :D
  - MerelyMortal 4y ago
    But are they gold coins? We can see Scrooge diving into and swimming through it. Either they are light and have low plasticity, or Scrooge is denser than any known element, and stronger than any known living creature.
    - FooBarWidget 4y ago
      Money is to Scrooge what the sun is to Superman. So under the right conditions, Scrooge is denser than any known element, and stronger than any known living creature.
- Xophmeister 4y ago
  Maybe if we take into account the packing coefficient of coins and other miscellaneous booty it works out.
- spiffytech 4y ago
  The Money Bin is said to be 39 meters tall, and 37 meters per side. Pennies have a packing efficiency of 57%, so a cube of the Money Bin's contents would be 2.5x the volume of the real-world's gold supply.

chasil 4y ago

Warren Buffet had this to say in a past letter to shareholders of Berkshire Hathaway: "Today the world’s gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within a baseball infield.) At $1,750 per ounce – gold’s price as I write this – its value would be $9.6 trillion." https://www.berkshirehathaway.com/letters/2011ltr.pdf https://www.berkshirehathaway.com/letters/2011ltr.pdf

vl 4y ago

Or just 31 grams (1.1 oz) per person! I always thought that by this time it would be way more.

deleted 4y ago
[deleted]

kevinpet 4y ago

this is the interior volume of about 27 2000 sq ft houses with 8 ft ceilings.

amelius 4y ago

> would fill just a little over three Olympic-sized swimming pools How much is in an Olympic gold medal?

csa 4y ago
> How much is in an Olympic gold medal? Not much. They are gold-plated these days. https://www.nytimes.com/2022/02/10/sports/olympics/gold-medal-price-value.html https://www.nytimes.com/2022/02/10/sports/olympics/gold-meda... “According to the International Olympic Committee, gold medals are required to be at least 92.5 percent silver, and are plated with about 6 grams of pure gold.”

subsubzero 4y ago

Given people have been mining and coveting gold for thousands of years that is an incredibly small amount given the scale of the earth and other mineral deposits. Looking at gold's well known cousin - Silver which from the beginning of time has seen 1.5 Million tons mined, interestingly enough 90% of that amount has been thrown away - https://www.jmbullion.com/investing-guide/james/silver-supply/ https://www.jmbullion.com/investing-guide/james/silver-suppl...