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<p>[QUOTE=&quot;afantiques, post: 2106130, member: 71234&quot;]If they&nbsp; used 10 grams of gold in the watch case, which would be fairly typical for something of this size and design,&nbsp; and sold 1 million of the things, an unlikely estimate, that would be 10 million grams or 10 thousand kilos, or 10 metric tonnes of gold. Since it would not be pure gold but 18 carat that equates to 7.5 tonnes of fine gold, </p><p><br /></p><p>This amounts to less than 0.1% of the US gold reserves, and of course a far smaller fraction of world reserves.</p><p><br /></p><p>Clearly whoever made the comment about &#039;1/3 of the world&#039;s gold&#039; is either an idiot or a liar.[/QUOTE]</p><p><br /></p>

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