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Wednesday, October 22, 2008

Info Post

This picture was taken at the Bank of England:
Less than a decade ago, the noble metal was trading at a mere $275 an ounce. Today, an ounce of gold fetches $787.80 (£460), making each of these bars worth around £200,000, or as much as a top-of-the-range Ferrari (and, before long, more than the average London house).

In fact, there are around 15,000 bars in this picture alone - that's about 210 tonnes of pure gold, with a value of nearly £3 billion. And there's plenty more out of view. - Link
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