November 2, 2007
At current prices, $10 million in gold are 12,574 troy ounces.
If you have 400 oz bars, it takes 31.4 bars.
1 400 oz bar is 200mm x 80mm x 45mm
If you arrange the bars like six packs and stack 5 on top of one another, you can arrange 40 bars in the following space
200mm * 3 = 600 mm = 22. 62 inches length
80mm * 2 = 160 mm = 6.3 inches width
45mm * 5 = 225 mm = 8.9 inches height
( source for the dimensions of bars: http://www.taxfreegold.co.uk/goldbardimensions.html )
That fits into a suitcase. Granted, it's too heavy to carry as these are 0.391 tonnes or 862 pounds.
While it makes gold less portable than diamonds, a car can easily carry such a load. Gold's uniformity may be more important than a diamond that needs to rely on certificates.
If you can afford it, you may want to carry a stack of both - and don't forget some gold coins as you are unlikely to get any change if fiat money is no longer accepted.
Manager of the Merk Hard Currency Fund, http://www.merkfund.com/
September 24, 2007
'IDF seized nuclear materials in
JPost.com Staff , THE
Sep. 23, 2007
Soldiers from an elite Israeli unit seized North Korean nuclear material from a secret Syrian military installation before it was bombed by IAF jets, a report by
According to the sources, the alleged IAF attack was sanctioned by the
The sources confirmed that the materials were tested after they were taken from
The commandos, who, according to the report, belonged to the legendary General Staff's Reconnaissance Unit (
Israeli sources admitted that special forces had been accruing intelligence in
Former Syrian information minister, Ma'ahdi Dahallah, rejected the report and called on
This type of report, Dahallah told Radio Sawa, was merely a form of psychological warfare.
According to the Times,
On Friday, the Washington Post reported that
According to the Post report,
Meanwhile, Newsweek quoted
This article can also be read at http://www.jpost.com /servlet/Satellite?cid=1189411460535&pagename=JPost%2FJPArticle%2FShowFull