You ever seen a TRILLION Dollars of Platinum?
Posted: Sun Jan 06, 2013 1:06 am
http://www.zerohedge.com/news/2013-01-04/putting-trillion-dollars-platinum-perspective
I knew Platinum was rare...but didn't realize that a Trillion $$$ hasn't even been mined/found yet.
It says that all the Platinum mined is about 18,000 tons. With Platinum roughly 2 times as heavy as Gold, wouldn't that technically mean a 1ozt of Gold would have more material than 1ozt of Platinum? Would it be the size of a half ounce AU? I personally have never held 1oz platinum round/bar so I can't say. Perhaps someone here has a 1oz Gold AND Platinum bar they could take a pic of side by side. I would be interested to know.
-The Great
I knew Platinum was rare...but didn't realize that a Trillion $$$ hasn't even been mined/found yet.
It says that all the Platinum mined is about 18,000 tons. With Platinum roughly 2 times as heavy as Gold, wouldn't that technically mean a 1ozt of Gold would have more material than 1ozt of Platinum? Would it be the size of a half ounce AU? I personally have never held 1oz platinum round/bar so I can't say. Perhaps someone here has a 1oz Gold AND Platinum bar they could take a pic of side by side. I would be interested to know.
-The Great