How much Gold is £100 Billion? We did it in tons, now let’s see what space it will take.


David Davis

On 4th April we said this. £100 billion. Now, 5,370 Imperial Tons will, we find, using a little £5-calculating-apparatus, take up about 270 cubic metres, or a cube of about 6.53 metres-a-side, which is 21 feet 5.5-inches-a-side, more or less. This will comfortable fit into an “AFFORDABLE HOUSE”, if you don’t want to be able to enter it, if you employ any available attic-space too, and if you also stack the left-over bullion-bars in the garden shed…..

I don’t think the crappy joists of the first floor, let alone the attic-space, will hold for long.

And if the price moves, what’s a couple of cubic metres of gold between friends, eh? The earth’s crust contains incalculably more gold, and other “strategic metals”, than we can imagine. Cue “unobtainium”.

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5 responses to “How much Gold is £100 Billion? We did it in tons, now let’s see what space it will take.

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  4. Has anybody got any theories about whether the property market will or won’t crash?

    I think the days of silly money are over, but then the shortage will probably get worse over time, so it depends on what people are prepared to pay I suppose.

  5. You were prescient, Steven! This is 11th November and it’s crashed.