Thursday , 18 April 2024

Here’s How All the Gold Mined to Date Stacks Up (+2K Views)

Here is a series of 3D visualizations of gold bullion bars showcasing thegold rising world’s gold that has been mined thus far.

The above comments, and those below, have been edited by Lorimer Wilson, editor of munKNEE.com (Your Key to Making Money!) and the FREE Market Intelligence Report newsletter (see sample here) for the sake of clarity ([ ]) and brevity (…) to provide a fast and easy read. The contents of this post have been excerpted from an article** as sourced by VisualCapitalist.com (12 Stunning Visualizations of Gold Shows Its Rarity – see original* HERE) from demonocracy.info. (This paragraph must be included in any article re-posting to avoid copyright infringement.)

For the companies exploring for gold, a deposit that has more than one gram of gold for every tonne of earth is an exciting prospect… Think about that for a moment.

One gram (0.035 oz) is equal to the mass of a small paper clip. This small amount of gold is usually not even in one place – it is dispersed through a tonne of rock and dirt in smaller amounts, most of the time invisible to the naked eye. For some companies that have the stars align with easy metallurgy, a deposit near surface, and open pit potential, this gram per tonne deposit may even somehow be economic.

It’s hard to believe that such a small amount of gold could be worth so much, and that is why great visualizations can help us understand the rarity of this yellow metal. Luckily, the folks at Demonocracy.info have done the heavy lifting for us, putting together a series of 3D visualizations of gold bullion bars showcasing the world’s gold that has been mined thus far. Note: these visualizations are a couple of years old and optimistically have the value of gold pegged at US$2,000 per oz, presumably for the ease of calculations.

For those interested, we have also put together a similar slideshow on the topic, showing how much gold, silver, copper, and other metals are mined each year.

Gold bullion bars in lower denominations
Smaller denominations of gold plates: 1 gram, 5 grams, 10 grams, 20 grams, and 1 troy oz of gold.

Gold bullion bars including a 1 kilo bar
Larger denominations of gold plates: 50 grams, 100 grams, 250 grams, 500 grams, and 1 kg of gold.

400 oz gold bar
This 400 oz gold bar, at $2,000 per oz gold, is worth the $800,000 cash beside it. The gold bar is extremely heavy, weighing more than three full milk jugs.

One tonne of gold
Here’s what one tonne of gold looks like. At $2,000 per oz, it’s worth $64.3 million.

Truck full of gold
Gold is so heavy that the suspension of an average truck would break if it held anymore than pictured above. Even if the truck’s suspension broke, the load of gold in the back could buy 2,660 brand new trucks at an MSRP of $40,000 per truck.

10 tonnes vs 100 tonnes of gold
Here’s 10 tonnes of gold compared to 100 tonnes of the yellow metal.

Semi-truck carrying the legal maximum weight in gold
This semi-truck is carrying the maximum load it can legally carry, which is about about 25 tonnes. Here there are 24.88 tonnes of gold, worth $1.6 billion.

B2 Bomber with how much gold it costs
The Northrop Grumman B2 Spirit Bomber program cost $44.75 Billion for a total of 21 units built, which averages to $2,130,952,380 per unit. Shown here is the amount of gold it costs to buy one unit.

The United States' Gold Reserves
Here’s the entire gold reserves of the United States government, which is 8,133.5 tonnes.

World gold reserves
Here’s the world’s gold reserves by government circa 2012. This is slightly outdated, with China and Russia both having significant increases since then.

All the gold in the world
All gold mined in history, stacked in 400 oz bars. The 166,500 tonnes here is actually divided into four levels: the bottom level is jewelry (50.5% of all gold), the 2nd level is private investment (18.7%), the third level is world governments (17.4%), and the highest level is other uses for gold such as industry (13.4%).

All the gold in one cube
Lastly, we finish off with an image of all of the world’s mined gold in one cube with dimensions of 20.5m. If it was all melted, it would fit within the confines of an Olympic swimming pool.

*http://www.visualcapitalist.com/12-stunning-visualizations-of-gold-bars-show-its-rarity/ and **http://demonocracy.info/infographics/world/gold/gold.html

Other Infographics on Gold from the munKNEE Vault:

1. An Infographic on Gold Mining & Supply

From ancient times to the famous gold rushes, gold was first discovered in placer deposits….Today, however, most gold comes from hard rock deposits where gold is disseminated or associated with other metals and mined either through open pit or underground mining. This infographic tells (shows) you everything you need to know about gold mining and its supply from around the world.

2. This Infographic on Gold Shows/Tells It All

The Gold Tree Infographic below visualizes above-ground stock, sources and uses of gold and pictures the different forms of gold investments – ranging from physical gold in the form of bullion gold to securities not backed by gold.

3. Vaulted Gold: What Is It and How Does It Compare With Other Gold Investments?

The infographic below on vaulted gold explains what vaulted gold is and visualizes key facts relating to investments in gold that is stored on behalf of investors in high-security vaults.

4. Where in the World Does All the Gold Come From? Look at This Infographic

Gold-producing countries are found on nearly all continents, and represent the gamut of economies from developed super-powers to small, emerging market countries. With gold’s spectacular rise in price and related demand, it’s worth your time to know a little bit about where all the gold comes from.

5. An Infographic on the History of Gold and What Makes It So Great

Wars have been fought over gold, love has been expressed by it an gold has changed the landscape of civilizations and the world – but what makes gold so great? This infographic examines the history of gold from ancient history to the gold rushes of the centuries ago. It looks at its properties and how it became not only a currency, but the gold standard.

6. Take a Look: This Interactive Infographic Shows Gold’s Ongoing Interaction With World Events

As long as there have been people, there’s been an attraction to gold. From pharaohs to hedge funds, gold has been an important tool of building and protecting wealth. Take a look at the interactive gold timeline below which carries you through gold’s enduring path as a universal symbol of wealth.

7. Gold: Why It Makes the Ideal Alternative Pricing Mechanism – An Infographic

Measuring market data using fiat currencies can be misleading. Even though an asset may rise in dollars, it may be because of declining currency value rather than true economic process. With central banks devaluing currency at record rates, gold’s steady purchasing power makes it an ideal alternative pricing mechanism.

8. What’s the Difference Between 1 Gold Karat, 1 Diamond Carat and 1 Troy Ounce?

You have no doubt read countless articles on the price of gold costing “x dollars per ounce”, own a gold ring or some other piece of gold jewellery and/or wear or have bought/plan to buy a diamond ring but do you really understand exactly what you are buying? What’s the difference between 1 troy ounce of gold and 1 (regular) ounce? What’s the difference between 18 and 10 karat gold? What’s the difference between a .75 and a 1.0 carat diamond? Let me explain. Words: 1102