Safehaven | Two Gold Statistics of Note | Printer Friendly Version

February 12, 2007

Two Gold Statistics of Note
by Adrian Burridge

Statistic Number 1.
Every DAY there is over $6 trillion in OTC derivatives traded accorded to the Bank for International Settlements (www.bis.org) on a worldwide basis. Every month there is $12 billion in physical gold traded at the LBMA (www.lbma.org.uk). Each day of OTC derivatives trading is the equivalent of 40 years of physical gold trading in London.

Statistic Number 2
Some of you may have heard of the Great Lakes.
http://en.wikipedia.org/wiki/Great_Lakes

I quote from Wikipedia and I have no reason to doubt any of this.

"They are the largest group of fresh water lakes on Earth".

"Today, 20 percent of the world's fresh surface water is contained in the five great lakes: 5,473 cubic miles (22,812 km³), or 6 quadrillion U.S. gallons (22.81 quadrillion litres) in all. It is enough water to cover the contiguous 48 states to a uniform depth of 9.5 feet (2.9 m). The combined surface area of the lakes is 94,250 square miles (244,100 km²) -- larger than the states of New York, New Jersey, Connecticut, Rhode Island, Massachusetts, Vermont and New Hampshire combined".

I bring it up because some of you may have heard the term -
SPEND MONEY LIKE WATER.

Well this is exactly what Wall and Bay Street is doing with your money.

Witness.

6 QUADRILLION GALLONS OF WATER are in the Great Lakes.

2 QUADRILLION OF DERIVATIVES ARE TRADED ANNUALLY according to the Bank for International Settlements. (www.bis.org) as I have shown on these pages.

CONCLUSION

This means that every dollar of derivatives is the equivalent of 3 gallons of fresh water one would find in the Great Lakes.

Derivatives are the equivalent of water.

Buy all the gold your buckets can carry!

Adrian Burridge
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