Glass
9th January 2012, 07:14 AM
http://www.numbersleuth.org/worlds-gold/gold.jpg
originally from maxkeiser.com (http://gold-silver.us/forum/maxkeiser.com)
Glass
9th January 2012, 07:15 AM
All The World's Gold
We here at NumberSleuth are all about exploring the world of numbers, and with this infographic we decided to take a look at the numbers behind the entire amount of gold in the world. Below are a series of questions that we began with and the answers we discovered in our research. We believe that this is the most thorough and in-depth resource about the world's gold on the Internet and we hope you have as much fun reading through the information as we did in putting it all together.
1. How much above-ground gold (gold that has been mined) is there in all the world?
The best estimate at the end of 2011 is that around 165,000 metric tons (or tonnes) have been mined in all of human history. That’s about 181,881 ordinary tons or 363,762,732 pounds, or 5,820,203,717 ordinary ounces. Gold typically is measured in what are known as troy ounces, which are a little bigger than ordinary ounces (a troy ounce is 31.1034768 grams whereas an ordinary ounce is 28.3495231 grams). There are 32.1507466 troy ounces in a kilogram or 32,150.7466 troy ounces in a metric ton.
“More than half of all humanity’s gold has been extracted in the past 50 years. Now the world’s richest deposits are fast being depleted, and new discoveries are rare. Gone are the hundred-mile-long gold reefs in South Africa or cherry-size nuggets in California. Most of the gold left to mine exists as traces buried in remote and fragile corners of the globe. It's an invitation to destruction. But there is no shortage of miners, big and small, who are willing to accept.” [QUOTE SOURCE: http://ngm.nationalgeographic.com/print/2009/01/gold/larmer-text (http://ngm.nationalgeographic.com/print/2009/01/gold/larmer-text).]
SOURCES: http://ngm.nationalgeographic.com/print/2009/01/gold/larmer-text (http://ngm.nationalgeographic.com/print/2009/01/gold/larmer-text), http://www.gold.org/about_gold (http://www.gold.org/about_gold), and http://minerals.usgs.gov (http://minerals.usgs.gov/).
2. How much gold gets mined per year worldwide?
The table below shows world gold production from 1900 thru 2011. Production in 1900 was around 400 metric tons per year and has consistently moved up over the years. It is currently around 2,500 metric tons per year. The all time high was reached in 2001, with 2,600 metric tons of gold production worldwide. The total gold mined from 1900 to the present is just under 141,000 metric tons. Given that humans have mined a total of 165,000 metric tons over the course of history, that leaves just 24,000 metric tons mined before the 20thcentury.
http://www.numbersleuth.org/worlds-gold/
more information and charts at link.
Twisted Titan
9th January 2012, 10:03 AM
They forgot to include the billion of Tons in the Rothchild subteranean vaults That Pre Date Napoleons Rule.
beefsteak
9th January 2012, 11:39 AM
They also forgot to account for all the gold of King Solomon, most of which has ended up under Chinese control.
Enjoyed the graphic however. Never can see too much of the yellow, right?
beefsteak
ximmy
9th January 2012, 03:47 PM
are they assuming there is gold in fort knox?
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