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Trivia: re 39 ton GLD Gold draw down Year To date…

Posted by Mr.Copper @ 22:28 on October 15, 2014  

“Total tonnage fell 2.09 tons from the last reported number and currently sits at 759.14 tons, down 39.08 tons on the year and the lowest level since early December 2008.”

FYI:
12″ X 12″ X 12″ or one cubic foot of Gold weighs 1,206 lbs. more than 1/2 ton.1,206 lbs.

re 39.08 tons would measure 4 feet by 4 feet by 4 feet cube or 64 cubic feet of Gold weighs 38.6 tons, 77,204 lbs.

A Boeing 747 total cargo plane with maximum capability of 154 tons or only one solid Gold block measuring about 4′ by 4′ by 16′ long. Four times the 39 ton draw down.

Also it could not be loaded in one spot. It would have to be spread thin throughout the entire 4,000 sq ft of floor space or it would cave the floor in.

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.