Profile image
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

11 Stunning Visualizations of Gold Show Its Value and Rarity

Sunday, February 19, 2017 6:17
% of readers think this story is Fact. Add your two cents.

(Before It's News)

by Jeff Desjardins, Visual Capitalist:

Since Ancient times, gold has served a very unique function in society.

Gold is extremely rare, impossible to create out of “thin air”, easily identifiable, malleable, and it does not tarnish. By nature of these properties, gold has been highly valued throughout history for every tiny ounce of weight. That’s why it’s been used by people for centuries as a monetary metal, a symbol of wealth, and a store of value.

Visualizing Gold’s Value and Rarity

With all that value coming from such a small package, sometimes it is hard to put gold’s immense worth into context.

The following 11 images help to capture this about gold, putting things into better perspective.

1. The U.S. median income, as a gold cube, easily fits in the palm of your hand.

2. A gold cube worth $1 million, has sides that are 2/3 the length of a typical banknote.

3. All gold used for electrical connections in the Columbia Space Shuttle would be worth $1.6 million today.

4. Trump’s entire fortune of $3.7 billion as a gold cube would be shorter than Trump himself.

5. As a gold cube, the entire value of the Bitcoin market would fit in a hallway.

Read More @ VisualCapitalist.com

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.