September 26, 2012 at 14:45 PM EDT
Presenting Warren Buffett’s "Gold Cube"
Recall from Warren Buffett's 2011 letter to investors: Today the world’s gold stock is about 170,000 metric tons. If all of this gold were melded together, it would form a cube of about 68 feet per side. (Picture it fitting comfortably within a baseball infield.) At $1,750 per ounce – gold’s price as I write this – its value would be $9...
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