30.09.2011 - Gold: The facts still matter
People are always throwing around the fact that gold is "rare". While that's absolutely true, most people don't have a clue as to what that really means. Let's look at the facts: the amount of gold ever mined in the world is 172,000 tons (as of 2011). Let me put that in perspective: If you were to combine all of the gold ever mined in the world, it would barely fill up four Olympic-size swimming pools. (Assuming an Olympic-size pool contains 2.5M liters, liquid gold would fill up 3.7 pools.).............................................Full Article: Source
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