LMAO "three hundred twenty million tons of gold" or more than all the gold that is in the world ATM - 244 million tons.
Someone I talked to about this made the point that the numbers Reuters cited were probably by a factor 1000 too high (given typical oil purity vs implicitly claimed purity of the 31 million tonnes ore to produce 320 000 tonnes gold). I guess this video sources those same figures.
Have you ever considered the possibility that Putin uses dumb excuses to drive your kind absolutely fucking insane just because he can? You can't be seriously believing that he was serious about this reason to invade, lol.
If that level of supply really does materialize and comes into the market, there goes gold as a "store of value".
The chances of there being that size of a gold mother lode in Uganda is about the same as my chances of ever getting "the one on the right".
This sounds right. @Snuskpelle 320,000,000 tons x ~55,000,000 $/ton = $17,600,000,000,000,000 ($18 QUADRILLION) which is not the value claimed. So, he can't mean 320,000,000 tons of pure gold and must mean 320,000,000 tons of material prior to refining. Dividing 18 quadrillion by ~1000 gives ~$18 trillion, or the roughly $12 trillion being claimed (close enough for an orders of magnitude approximation). So, the claim must be for 320,000 tons of pure gold after being refined, not 320 million. (Not sure why Snuskpelle divides by 100 but I'm guessing that was just a mistake.) So, the claim is they believe there are deposits equivalent to 0.13% of all existing gold.
I'm pretty sure @Nobert WASN'T serious! Nobert is saying the neonazi claim was a false claim to provide justification for the invasion of Ukraine. If they were to invade Uganda for the gold, he's saying they might as well use the same excuse!!