The Mudcat Café TM
Thread #107962 Message #2243271
Posted By: JohnInKansas
23-Jan-08 - 09:05 PM
Thread Name: BS: The Value of Au
Subject: RE: BS: The Value of Au
Cast gold, the most common "trade form," has a density of 19.3 gm/cc
40 feet = 480 inches = 1219.2 cm
A cube 40 feet on each side contains 1,812,278,181.9 cm3
One cm3 of cast Au has a mass of 19.3 gm
The 40 foot cube of gold has a mass of 34,976,968,910.7 gm
1 troy ounce is 31.1035 grams
The 40 foot cube of gold contains 1,124,534,824.3992 troy ounces
At the nominal value of $880 (US)/troy ounce given in the first post, the value of "all the gold there is" according to the estimate imputed to Asimov would be:
$989,695,365,471.30 (US)
But what does that have to do with the worth of everything else?