💵⚖️🥇 If you choose between "500 kg cash" and "500 kg gold," what would you choose?

💵⚖️🥇, if you choose between "500 kg cash" and "500 kg gold," what would you choose?

Many people may have seen this comparison and thought that "gold" must be worth a lot more than cash in the same weight, but the truth may surprise you! 💡

If we put both together at 500 kilograms, this is what happens mathematically:

💵 Case 1: 500 kg cash

Did you know that every U.S. dollar bill weighs about 1 gram?

If these 500 kilograms were all "$100 banks," it would be worth up to $50 million!

🥇 Case 2: 500 kg of gold

Despite the huge rise in the price of gold, with the current market price, 500 kilograms of pure gold will total around US $36 - $38 million (depending on market fluctuations).

⚠️ A broken conclusion:

It means that if the pile of cash is a bank of $100, "the cash will be worth more than $10 million more than gold"!

But wait...In the real world, why do people still value gold more? 🌍

This is because if the cash pile is a sub-bank (for example, a $1 or $10 bank), its value immediately decreases dramatically while gold always retains its own value.

In addition, over the millennia, gold has served as a strong, non-degrading and globally recognized store of wealth. Many central banks have maintained gold reserves to protect them from the risk of economic crisis and inflation. 🛡️📈

And if it were you, if you really had the opportunity to choose, would you choose cash or gold? Tell me, 👇

Note: This post is only provided for statistical and econometric knowledge; it is not an introduction or solicitation to invest in any assets.

Sources: U.S. Bureau of Engraving and Printing (Currency Weight) (Global Gold Spot Price)

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