http://www.msn.com/en-au/news/world...gland-worth-dollar320bn/ar-BBs4c5u?li=AAgfLCP Are the trying to talk gold down or something?
1/5 of the world's gold at $320 billion equals $1.6 trillion. Not much in the scheme of world debt. We would need gold to rise twenty fold to cover that. Get KWN on the case! This is of course true if the BBC reporter assayed and counted all the bars.
Old Editor type person : "I hear Gold is in the offing I wonder what it means, junior reporter type person, so you want to be a reporter? write me an article on Gold" Young reporter person rings gold depository, "clay? Mmmm...", looks on Wikipedia, writes article. Old Editor type person. "That'll do. Print it."