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</o:shapelayout></xml><![endif]--></head><body lang=EN-US link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><div style='border:none;border-top:solid #E1E1E1 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal>> <b>On Behalf Of </b>William Flynn Wallace via extropy-chat<br><b>Subject:</b> [ExI] trivia<o:p></o:p></p></div><p class=MsoNormal><o:p> </o:p></p><div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'>Fort Knox has about 46 metric tons of gold, valued at about 230 billion dollars.<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'>A drop in the bucket, eh?<o:p></o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'><o:p> </o:p></span></p></div><div><p class=MsoNormal><span style='font-size:12.0pt;font-family:"Comic Sans MS";color:black'>bill w<o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>I have long advocated making up the Federal budget deficit by selling the gold in Fort Knox. That would enable savings in guarding the place and the proceeds alone could cover the budget deficit, balancing the budget for several months. The value of the gold in Fort Knox could nearly cover the cost of the proposed basic assured income for a month. All it would take is that gold in Fort Knox, and we get almost an entire month of basic income. Such a deal!<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>However… with the current exchange rate, the Ft. Knox gold is worth about 6 billion dollars, which would cover the interest on the current Federal debt for nearly a week.<o:p></o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:14.0pt'>spike</span><o:p></o:p></p></div></div></div></body></html>