Surprising Facts About Gold

Sometimes I learn new facts that surprise me, and in this infographic called All The World’s Gold from the website Number Sleuth there were quite a few things that I learned.

Here are some of the more interesting facts about gold that we learned from this infographic:

- All the gold in the entire world could fit inside about 3 Olympic sized swimming pools. And unlike paper, it can’t just keep getting printed.

- There are about 5 gold rings worth of gold per person on the earth (~7 billion people = ~35 billion gold rings)

- The vast majority of gold is used as jewelry (as opposed to investments)

- India consumes more than six times as much gold as the US

- China consumes more than three times as much gold as the US

- The US national debt is more than the value of all the gold in the world

All The World's Gold
From: Number Sleuth

Other recent stories

The Biggest Loser: Wall St. Edition

The financial crisis is undeniable in the United States, and other countries around the world have faced their own as well. But who are the people who have contributed to these fiscal problems? The team from the Credit Score Site helps us find… Read more

Interview With Byron King, Planetary Extraction Polymath

Image: TJ Blackwell/Wikimedia The earth is a hot commodity. If you’re an investor worth your salt, you want to be tracking earth-based commodities. And if you’re not an expert–or you haven’t scheduled yourself a year of unemployment to become… Read more

25 Ways to Run Your Business Like Warren Buffett

Image: Paul Sapiano/Flickr Berkshire Hathaway’s annual “Woodstock of Capitalism,” its shareholder meeting, happens on April 30 this year. Warren Buffett’s baby is by far America’s most beloved conglomerate. What’s behind the fame? Buffett and… Read more

Dangdang Reflects Chinese Tech Companies’ US IPO Gold Rush

Chinese online book retailer Dangdang has investors saying “dang!” after its shares jumped 58% post-IPO. Dangdang isn’t alone in its success–four of this year’s top ten US IPOs have come from China, according to BusinessWeek. No wonder there’s… Read more

Gold: A Key Hedge Against International Uncertainty

This is a guest post by Day Trade Listings. It seems that you can’t pick up your newspaper or turn on your television without seeing an over extended European country being bailed out, or some new stimulus being implemented. This week… Read more

Goldman Sachs Reports Horrible Quarter

Goldman Sachs’ Q2 earnings are down 83%, in what the New York Times calls the “worst quarter for the giant investment bank since the depths of the financial crisis in late 2008.” More from the NYT: The earnings include $1.15 billion in… Read more

Primerica IPO: Primerica Hits NYSE

After yesterday’s $320 million IPO, Primerica, Inc.–formerly part of Citi–released about 21 million shares of common stock onto the NYSE. The shares were priced at $15 at opening today, and have since gone up. Outside of speculating on… Read more

US Treasuries Now Riskier than Berkshire Hathaway

What does the bond market think of Barack Obama? He’s risky, according to a Bloomberg report: While Treasuries backed by the full faith and credit of the government typically yield less than corporate debt, the relationship has flipped as… Read more

Dogs and Stocks

The Research Puzzle has a good post about how picking a winning dog (a la last week’s Westminster Dog Show) is similar to picking stocks: Watching the televised coverage of the archetypes of the canine world parade around Madison Square… Read more

Google: Ahead of the Curve or Losing its Way?

This is a guest post by Wall St. Cheat Sheet’s Damien Hoffman. Earlier this month, Google announced a new broadband initiative. A few days earlier, they announced a rumored Twitter killer. Months ago, it was Google Wave. Is all this… Read more

Warren Buffett Still Doesn’t Like the Kraft-Cadbury Deal

Image: Lucid Investing The Oracle of Omaha, though he had some say behind Kraft sweetening its Cadbury deal, still doesn’t like it. The New York Times reports: “I’ve got a lot of doubts about the deal,” (Mr. Buffett) told CNBC’s… Read more

AOL Stock (AOL) Starts Trading Today

AOL Inc. started trading as an independent company (ticker symbol: AOL) this morning. The Wall Street Journal reports on the stock’s progress this morning: AOL Inc.’s (AOL) stock was off to a wobbly start in its much-anticipated return as a… Read more

Microsoft Stock (MSFT) Up 7-8% After Earnings Release Drastically Outperforms Estimates

Microsoft’s stock (MSFT) shot up early this morning as it drastically outperformed earnings estimates in the 3rd quarter. This is largely due to the continued success of XBox 360 and Microsoft Office and despite the overall failure of Windows… Read more

kaChing Makes it Easy to Ride Successful Investors’ Coattails

kaChing, an investing website started under the name FSX in 2008, has automated the process of imitating successful investors (something Warren Buffett calls “riding coattails”). Simply select the portfolio of one of kaChing’s certified… Read more