Vena Resources Inc.
Exploration and development of Peru’s mineral potential
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

Email Updates

Search

AGORACOM News Flash

AGORACOM WIRE - WEDNESDAY MAY 30TH, 2012

GOLDEN HOPE MINES (TSXV:GNH) Confirms High Grade Intersection of 64.1 g/t Au (Gold) over 1m Read More 

  • The screen metallic analysis returned 82 g/t Au for an average grade of 93.5 g/t Au.
  • Two additional fire assays on the original pulp done prior to the screen metallic analyses returned 0.22 g/t Au and 0.12 g/t Au for an average fire assay grade of 0.41 g/t Au. The weighted average of all the fire assays and screen metallic assays from this 1-metre section in hole BD2011-184 is 64.1 g/t Au.

Sonomax® eers™ Custom Earbuds Announces Sponsorship of MUTEK 2012

CONTINENTAL ENERGY  Geothermal Energy Project Receives US$ 11.5 Million Grant Read More * Client

AGORACOM Launches Graphite Stocks Blog

Top Stories

  • FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc. Read More   |   *SPONSOR

  • LOMIKO METALS (TSXV:LMK) Paul Gill Discusses Exploration Initiative with James West of Midas Letter Read More   |   *SPONSOR
  • GRAPHITE DEMAND Seen Surging from Fuel Cells, Nuclear Reactors, Graphene Read More

 

 

Message: Just How Much Is $1 Trillion?

Generic_profile
Rank: [?]
Mail Room
Points: [?]
119
Rating: [?]
Votes: 7 Score: 3.1
  • Currently 3.1/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Just How Much Is $1 Trillion?

posted on Mar 16, 09 05:52AM

And what impact wil this have on metals?

President Obama says his Administration’s stimulus plan could cost more than $1 trillion, and this has many people throwing that number around rather casually.

That got us to thinking about just how much $1 trillion represents.

· $1 trillion is almost enough to buy a controlling interest in all 30 of the companies in the Dow Jones Industrial Average.

· $1 trillion is more than the combined state tax revenue of all 50 states.

· $1 trillion would be enough to buy all of the single-family and multi-family residences in the state of Texas.

· $1 trillion in 2008 dollars would cover the entire U.S. federal budget from George Washington’s inauguration to the end of World War I.

· A stack of 200 $100 bills is roughly an inch thick. If these stacks were set up on end like dominoes, $1 trillion would be the distance from New York City to Chicago.

–From the US Global Investor Alert

New Message

Please login to post a reply

AGORACOM Quick Tips

AGORACOM Twitter. Follow our small but powerful market tips .. Follow and Prosper

President's D.D.

New feature: Hub Presidents can add important links here.