Sunday, October 23, 2011

The largest gold bar

Here are some pictures of the largest gold bar in the world. It was created by the Mitsubishi Materials Corporation back in 2005.

 It weighs 551 pounds, measures 17.9 in x 8.9 in x 6.7 in. 

                           In 2005 it was valued at just over $3.6 million. 2011 gold prices have it valued somewhere around $15.3 million.

This is a good argument for gold being an excellent investment. For the pessimists out there, its probably over bought and will go down.


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