Boris_Badenov on Nostr: I read on here, someone said that US is considering selling #gold to acquire a #BTC ...
I read on here, someone said that US is considering selling #gold to acquire a #BTC reserve.
Assuming the US #gold reserve is 8000 tons, as believed, we are talking peanuts.
$$$$$$$$$
To calculate the value of **8,000 tons of gold** in U.S. dollars:
1. **[1 ton of gold](pplx://action/followup)** is approximately worth **$55,886,360** based on current estimates[3].
2. Multiply this by 8,000 tons:
$$
8,000 \times 55,886,360 = 447,090,880,000
$$
The value of 8,000 tons of gold is approximately **$447.09 billion USD**.
Assuming the US #gold reserve is 8000 tons, as believed, we are talking peanuts.
$$$$$$$$$
To calculate the value of **8,000 tons of gold** in U.S. dollars:
1. **[1 ton of gold](pplx://action/followup)** is approximately worth **$55,886,360** based on current estimates[3].
2. Multiply this by 8,000 tons:
$$
8,000 \times 55,886,360 = 447,090,880,000
$$
The value of 8,000 tons of gold is approximately **$447.09 billion USD**.