In 1997 the Howard government (Peter Costello) made the brilliant decision to sell 2/3 of Australia's Gold stockpile (167 T, we have still 80 T left)for $350 an ounce Let's do the math 167T = 35274 ounces At $350 this amounts to $2,061,765,300. At present the POG is around $1604 or $9,448,775,832 The difference is $7,387,010,532. Well done Peter "the worlds best treasurer" and he is still adored by the liberals. God Help Us with the politicians we elect