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Archive for November 6th, 2012

Converting the National Debt into Gold

Tuesday November 6th, 2012   •   Posted by Craig Eyermann at 5:21am PST   •   5 Comments

How much gold would the U.S. Treasury have to pay out from the nation’s bullion depository at Fort Knox to fully pay off the national debt of $16.222 trillion (as of 1 November 2012)? Quick side note: That figure is some $5.595 trillion higher than the $10.627 trillion it was back on 20 January…
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