Thursday, March 31, 2011

Qaddhafi has 144 tons of gold

David Letterman mentioned that Qaddhafi has 144 tons of gold.

So, if this is true using U.S. short tons this is equal to 144 tons=288,000 pounds=4,608,000 ounces
 The U.S. price of gold today is:
$1432.51
So, to get the value of 144 tons of gold we multiply 1432.51 times 4,608,000 which equals=
$6,601,006,080.00 or six billion six hundred and one million six thousand and 80 dollars.

Though you can certainly buy a lot with this, he likely is buying mercenaries and weapons on the black market right now which won't be good for anyone even him.

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