GOLD SUPPLY 2009

Total Gold Supply 4,661,858,750 troy ounces

The total value of all gold ever mined is $3.39 trillion (October 2008)

All the Gold in the world ever totals around 150,000 tonnes. One tonne of gold is 32,150.75 troy ounces. There are 12 troy ounces per troy pound. tonne métrique, is a measurement of mass equal to 1,000 kilograms, or 2204.6226 pounds, or 26,455.4712 troy ounces...

VALUE :: $24,000,000 / Tonne of gold (@ $1000/oz) 24 Million a Ton!

What's it worth ?

The Golden Cube worth is about $1.8 trillion. This compares to the US government’s sovereign debt of $6.9 trillion. The entire gold stock of the world is much less than 0.5% of the underwritten risk in the global financial derivatives markets. $240,000 paper money is printed for every ounce of gold added to the world supply. Of the total gold above ground 63% of this gold has been mined since 1950. And gold production adds to the total Global Gold Supply each year (about 2000 tonnes/year).
source :: (World Gold Council)

Gold FACT :: About one percent of all above-ground gold (370 metric tonnes) was mined in the first five years of the California Gold Rush ($11 billion @ July 2008) At the end of 2004, central banks and official organizations held 19% of all above-ground gold as a reserve asset. 80% of all the gold is held by others (maybe ordinary people maybe uber-rich gods of Money) ... money supply

Gold FACT :: In 2008 the USA government bailed out the M3 money (debt) problems of the big Bankers ... appox ... $1 Trillion would have also bought ... 4629.6 tons of gold ... nearly doubling the usa treasury gold supply!