Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Darth Reardon
Yes, but how many handfuls of 0.22 can you carry or store safely?

10s of thousands fit in a few cubic feet.

36 posted on 11/24/2014 7:49:33 PM PST by Stentor (Maybe the Goldman Sachs thing is just a coincidence. /S)
[ Post Reply | Private Reply | To 19 | View Replies ]


To: Stentor

I just weighed roughly a cubic foot of 9mm, which should be close to 0.22 in weight/volume if not worth, at 60 pounds. At about $500, that’s $8.31/lb, or 6 tons per $100,000 (vs less than 6lbs of gold to store the same value). I don’t know the relative cost of 0.22 vs 9mm, but with gold coming in at 2,000 times better as a store of value in large quantity than 9mm, I’m thinking it’ll beat 0.22 pretty easily as well.


37 posted on 11/24/2014 8:36:13 PM PST by Darth Reardon (Is it any wonder I'm not the president?)
[ Post Reply | Private Reply | To 36 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson