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SPDR Gold Shares Message Board

  • after8before12 after8before12 Sep 3, 2011 3:19 PM Flag

    A Fair Price of Gold= $43,661.25 ounce

    according to Merrill's world wealth report, the total wealth of the world is 42.7 trillion dollars. according to world gold reserve report, the total is 30,562 tons, or 977,984,000 ounce roughly. If every existing in the world has been monetized, this brings us $43K ounce.

 
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