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<p>[QUOTE=&quot;Texas John, post: 1179405, member: 25813&quot;]Total US government gold reserves are around 261 million ounces, at $1500 per ounce it&#039;s worth less than $400 billion. US GDP is $14 trillion a year. Divide 14 trillion by 400 billion, and you see that each ounce of gold, or a certificate of deposit therefore, has to change hands 35 times a year to carry its share of economic activity.</p><p><br /></p><p>Put another way - the government has less than 38 grams of gold on hand for each US resident. A total of about 560 cubic meters. Your share is a cube about 25mm on a side.</p><p><br /></p><p>Good luck making change.[/QUOTE]</p><p><br /></p>

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