OCR Text |
Show I GOLD FACTS .. I Gold is soft and malleable: one ounce can be stretched I into a wire an incredible 50, miles long, or hammered into a I sheet so thin, it covers 100 square feet. I .It is so rare that only an estimated 88.000 tons have been I taken from the earth during all of recorded history, as much I as could be contained in a cube with 18-yard sides. V - I Where gold does exist, it is difficult and expensive to I mine with 2 1 2 to 3 tons required to extract just one ounce. , I Eighty feet below Nassau Street in New York City, more I than 25 of all the monetary gold of non-communist nations, I is stored in the vaults of the Federal Reserve Bank of New I York... a hoard of close to 400 million ounces of gold. Another 1 100 million ounces is held at the Assay Office in New York. I That means that New York sits on more than half the gold of I the free world. Fabled Fort Knox is the repository of nearly 1 150 million ounces of gold. .. about half the U.S. gold stock. I The heaviest nugget ever recorded, named Welcome 1 Stranger, was found in Australia in 1869 and weighed 90.9 I kilograms or 200 pounds. I These facts are from the booklet, uMan and His Gold,n preparedbytheGold Information Center;;'-: 'uv il'iL- |