360 Tons of Gold Within Annual Worldwide Sewage Flows?

Eric Dubin

The News Doctor

Published : February 02nd, 2015

134 words - Reading time : less than a minute

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Category : Market Analysis


	Now here’s an amusing story. Science Magazine published an article discussing just how much gold and silver particles are sloshing down worldwide sewage systems. Commenting on the story, Matt Cantor noted an estimated 360 tons of gold are hidden in tiny particles that flow through annual worldwide sewage. That figure is probably a vast over-statement given that it represents roughly 1/8th of annual gold mine supply. Nevertheless, there’s a lot of precious metals in that muck. Maybe someone ought to give Treasury Secretary Jack Lew some diving gear. Germany will not mind smelly gold. They’re probably refining old US “coin melt” bars anyway! #Newser Your City’s Sewage Could Hold $2.6M in Gold and Silver: The sewage being treated by your city could be… http://t.co/R8Rxl4ETl2 — All The News Is Now (@AllTheNewsIsNow) January 31, 2015

Data and Statistics for these countries : Germany | All

Gold and Silver Prices for these countries : Germany | All

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Eric Dubin 13 abonnés

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Mr. Dubin co-produces the SilverDoctors.com Weekly Metals & Markets Wrap radio program and serves as the Managing Editor of their sister site, TheNewsDoctors.com. TND is dedicated to bringing the best news from around the web and pairing it with exclusive, insightful and decidedly non-mainstream news and analysis. Mr. Dubin has over 15 years of experience as a financial journalist. He's an independent buy-side analyst and portfolio manager with 24 years experience. He managed the "Tech Stalker" "Strategy Lab" portfolio for MSN Money for over two years, and served as the lead communications and end markets analyst and managing editor for INFRASTRUCTURE, the first technology-focused financial securities letter published on the internet. He welcomes feedback on his articles and will make an effort to respond to comments. He can also be contacted, followed and encourages "friend" requests on his Facebook page: www.facebook.com/EricDubin

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