08-09-2011, 12:34 AM
|
#41
|
|
On the Rise
Join Date: Oct 2009
Drives: Toyota
Location: Anaheim
Posts: 289
Thanks: 0
Thanked 1 Time in 1 Post
Mentioned: 0 Post(s)
Tagged: 0 Thread(s)
|
Quote:
Originally Posted by Want.FR-S
* Assuming English long ton (1 ton = 2240 lb = 2240* 16 = 35840 ounces), not metric ton.
* 8000 tons = 8000 * 35840 ounce = 286,720,000 ounces
* this equals to 286,720,000 * 1700 = 487,424,000,000 = 487.424 billion USD, and that is a bit less than the market cap of Google plus Apple. Still cannot pay down the debt that US owes, Damn it.
* oh, how many F-22 can you buy with 487.424 billion USD?
|
You need to re-calculate. Gold is at $1757 on the Hong Kong exchange now at 8:30 pm PST.
|
|
|