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Originally Posted by
divine68
The price of Gold is down -0.63%, or $-10.20 per troy ounce in morning trading, at $1706.75 . as of Dec 5 2012
1 kilogram = 32.1507466 troy ounces
so 1kilo Gold bar = $54,873.29
1 metric tonnes = 1000 kilograms = $54,873,290
1 000 000 metric tonnes = 1 000 000 000 kilograms
1 000 000 000 kilograms X $54,873.29 per kilo = $ 54,873,290,000,000
1 US Dollar equals 40.9100 Philippine Peso as of Dec 5, 2012
so:
$ 54,873,290,000,000 x Php 40.91 = Php 2,244,866,293,900,000
Now, thats 16 digits if im not mistaken this is 2 quadrillion, thats '2000 MILLION'
World Economies like:
Country Rank: #1 United States GDP- Purchasing Power Parity: $14.66 trillion (As of 2010)
Country Rank: #2 China GDP- Purchasing Power Parity: 10.09 trillion (As of 2010)
Country Rank: #3 Japan GDP- Purchasing Power Parity: 4.31 trillion (As of 2010)
They would be dwarfed . . . sisiw nlng cla... We would be 100 times bigger.
Country Rank # (Where we are supposed to be) Philippines GDP Purchasing Power Parity: 2.2 QUADRILLION as of when?
Thats the amount of gold buried in our country my fellowmen... Just imagine if our people, NOBODY ELSE, will find it, just imagine, our country's prosperity... poverty for our country would be nothing more than just a bad dream, or a sad history...
Roads, Hospitals, Health Care Access, Education, Water, and all that would be but a standard. We already are the richest nation in the world. All we have to do is find it.... And put the proper person in the government so that rumors like the CEBU CITY-Fort San Pedro underpass tunnel (GOLD) excavation would not go to other countries. . .
Cguru, at least a billion dollars worth of gold was found there. . .