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Here Are Some Amazing Facts About Gold You Probably Didn’t Know

Sep. 20, 2012 9:01am Jonathon M. Seidl

The folks over at Trustable Gold have put together a fascination infographic with facts about gold that you probably didn’t know. For example, did you know that with all the world’s available gold you could cover the entire country of Switzerland in gold leaf? And a little more depressing: The value of all the world’s available gold would only cover about half of America’s public debt. Yikes.

Get more amazing facts below:

(H/T: Business Insider)

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Comments (31)

flybiwire
Posted on September 27, 2012 at 12:11pm
Who do you recommend for the purchase of gold and silver coins? I’ve found Merit and Gainesville Coins with the lowest prices but haven’t purchased any yet. Open to all information on purchasing precious metals. Thanks.

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orlandojon
Posted on September 20, 2012 at 6:06pm
I would like to audit the gold at Ft Knox because I don’t believe there is any gold left…betting government spent it years ago

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Obama_Forward_Over_The_Cliff
Posted on September 20, 2012 at 5:04pm
“Here Are Some Amazing Facts About Gold You Probably Didn’t Know”

And finally, the most AMAZING fact of all … YOU don’t have it because the weiners of the world are trying to SAVE YOU from it:

“GLENN BECK TALKS GOLD! :: Don’t Be A WEINER! Save YOUR Cash From Obama’s World-Commie HEIST!!”
http://www.youtube.com/watch?v=qbINkYAezlU

Gold too rich for your savings? Silver is another monetary metal.
http://www.goldline.com/
http://www.roslandcapital.com/
http://www.learcapital.com/
http://meritfinancial.com/

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fireball58
Posted on September 20, 2012 at 4:28pm
The only fact I want to know at the moment is what is “tonnes”?

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- Pontiac
  Posted on September 20, 2012 at 6:05pm
  Tonnes is a “metric ton”.
  1 metric ton is 2204.62 pounds.
  1 short ton is 2000 pounds.
  1 long ton is 2240 pounds.
  
  Tons of fun eh?
  
  Report this comment
Eric_The_Red_State
Posted on September 20, 2012 at 11:13am
I say we all take our gold and form it into a huge statue of a calf –
Then we could all worship it.

As Michelle said to Barack while having sex………. . . . . You In?

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pizzaman87
Posted on September 20, 2012 at 10:37am
I never get why gold is so valuable, it shiny and all but what it really worth. I mean say one guys own all the food in the world vs the guy who own all the gold in the world. Who richer. Probably the guy with the food because you don’t need gold to live. Gold is only valuable because people give it value. To me it worthless because there not much you can do with it.

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- Pro-Palin
  Posted on September 20, 2012 at 10:58am
  How will you feel when the wheel barrel of money buys u a loaf of bread? My wife doesn’t support my idea of self reliance. House burned down last year , lost all personal items that cant be replaced. But I will be not at the top but one of the survivors god willing gold or not and in my case not. But i was headed their prior to the fire. We will have more than a lost decade unless we release the mineral potential of this nation. But we must be wise and not squander it. Because their will come a day when natural gas and coal are gone past our days hopefully. But what will be be technologically when the day comes when we will need more than gas and coal and wind can provide. investments need to be made but not to political investors.
  
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- Big Media Bias
  Posted on September 20, 2012 at 11:07am
  It’s one the most sought after material for use in high tech industrial electronics. No other material comes close to it’s abilities.
  
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- Sovietairborne
  Posted on September 20, 2012 at 1:33pm
  You are correct in your analysis of food versus gold. In the end, food will always hold more value than gold due to your life depending on it.
  
  Addressing why gold has value to begin with; Its beauty, rarity and easy means of testing its validity (the touchstone), gold became a standard form of currency for trading. Over millennia, gold has become a reliable and tested standard of fiat currency where other forms have failed miserably. Its technological value is only very recent in respect to gold’s past. Though bartering seems more appealing, it becomes much more difficult to do with very large quantities and over long distances. Thus a representative form of what you traded was born; gold. How gold became “valuable” is explained at the beginning of episode 2 of James Burke’s “Connections.” An awesome series free to watch on YouTube.
  
  With that said, I totally agree that if SHTF, food, ammunition, cigarettes, alcohol, medical supplies and medicine and fuel will ALL be worth more than gold. Post WW2 Europe is a perfect example of this; people giving precious metals, jewels, property away just for food. Yes, what you have said has happened many times before, but once society stabilizes, people will begin to trade as has been done throughout all of history. Local bartering will eventually turn into long distance trading and a form of reliable currency will be sought after for the very same reasons people had millennia prior. Again, gold will fill that void.
  
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- akovi
  Posted on September 20, 2012 at 2:17pm
  Golds value comes from the fact that it’s malleable (it can be hammered and bent into any shape or thinness without tearing or breaking – as in gold leaf which can basically be hammered out to only one molecule thick); it’s incorruptible (it doesn’t rust but always stays bright & shiny); and it’s immutable (it doesn’t change, transform or degrade into anything else). Artisans and their patrons throughout history are primarily responsible for the initial popularity of gold because of its decorative and adornment value.
  
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Ditto Head
Posted on September 20, 2012 at 10:35am
Before The Flood completely rearranged the world, there was a very large island called Havilah. Lots of “good” gold there, probably laying everywhere for the taking. In some places gold is so abundant that they use it for pavement (okay, in one place).

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thibx
Posted on September 20, 2012 at 10:18am
the government is taxing gold purchases and tons of paper work have to filled out. this is in the obomacare.

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thibx
Posted on September 20, 2012 at 10:14am
i only wish i had gotton some when i could afford it.

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- Pontiac
  Posted on September 20, 2012 at 6:07pm
  Go with silver. Easier to barter with. Just be aware anything that says “one ounce” will be less than one “troy ounce”. I prefer silver dollars as they’re easy to measure and weigh.
  
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DennisWG
Posted on September 20, 2012 at 10:14am
You can also drink it. Goldschlager contains tiny flecks of gold which are clearly visible.

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normbal
Posted on September 20, 2012 at 9:14am
Too bad you can’t eat it.

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- k1ttt
  Posted on September 20, 2012 at 9:22am
  ah, but you can… gold leaf is used as decoration on fancy deserts in some high class places.
  
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- starman70
  Posted on September 20, 2012 at 9:34am
  As high as the price is going to go, after you eat it, maybe you should recycle your poop to recover the gold therein.
  
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- RANGER1965
  Posted on September 20, 2012 at 9:54am
  Too bad you can’t carry a month’s worth of food in your front pocket to trade for other goods you need.
  
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- UNALIEN
  Posted on September 20, 2012 at 10:16am
  NORMBAL
  
  food is perishable, gold is virtually indestructible that is one the reasons it is valuable
  
  Report this comment
- Pearsontech
  Posted on September 20, 2012 at 10:36am
  @Ranger… I guess that depends on how much surplus food you have and how little food the person your trading with will have when it all comes crumbling down
  
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- Pro-Palin
  Posted on September 20, 2012 at 11:00am
  but the fools will take it in-trade for their food.
  
  Report this comment
Gary_K
Posted on September 20, 2012 at 9:12am
What if: the government makes owning silver and gold illegal? Having a ton of it will do you no good.

Its been done before.

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- progressiveslayer
  Posted on September 20, 2012 at 9:44am
  There’s no point in doing that now because there isn’t enough gold or silver
  In the world to deal with our debt.
  
  Report this comment
- hi
  Posted on September 20, 2012 at 9:45am
  I looked into that and they actually bought the gold from the people at nearly a good price. Everyone thinks they just outright took it and people got zero.
  
  Report this comment
- Anonymous T. Irrelevant
  Posted on September 20, 2012 at 9:56am
  @HI
  What did that family, who found their father’s stash in a safety deposit box, get? Zero?
  
  Report this comment
- UNALIEN
  Posted on September 20, 2012 at 10:13am
  PROGRESSIVESLAYER,
  
  that is incorrect, there is enough gold, it is just priced too low right now
  
  at the right price, there is enough to cover the debt…
  
  Report this comment
- Ditto Head
  Posted on September 20, 2012 at 10:39am
  @UNALIEN
  That sounds kind of like “You can paint the entire world with one gallon of paint if you spread it thin enough”.
  
  Report this comment
- UNALIEN
  Posted on September 20, 2012 at 12:56pm
  DITTO HEAD
  
  not at all,,,
  
  this meme goes around that there is not enough gold,,, it is false.. it is the price in dollars that creates a ratio to back money/debt not the physical amount of gold
  
  most do not understand that gold is a value constant, it is the dollars that are losing value creating the illusion that gold is rising in value… as dollars lose value more are needed to obtain an ounce of gold…
  
  and depending on how you define debt/money and what ratio debt/gold you use, the gold price could be $8000 to $100000 per ounce.. it is not a lack of gold, it is the lack of “price” or ratio
  
  Report this comment
- UNALIEN
  Posted on September 20, 2012 at 1:07pm
  DITTO HEAD
  
  That sounds kind of like “You can paint the entire world with one gallon of paint if you spread it thin enough”.
  
  on your analogy,, it is fundamentally wrong and backwards,,
  
  the world is static,, gold and the paint is debt/money, (expanding)
  
  the world is being flooded with ever increasing debt/money, any asset denominated in that debt/money will rise in “price” based solely on the increase in the supply of debt/money.. the value of the asset doesn’t change
  
  Report this comment

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