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Japanese Garbage Datapoints Of The Day

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by Felix Salmon
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Jan 12 2008 12:00am EDT

Japanese Garbage Datapoints of the Day

The value of indium in Japan's garbage dumps: $833 million
The value of lead in Japan's garbage dumps: $15 billion
The value of silver in Japan's garbage dumps: $30 billion
The value of gold in Japan's garbage dumps: $178 billion
The value of copper in Japan's garbage dumps: $283 billion

The 6,800 tons of gold in Japan's "urban mines" compares to 765 tons in Japan's official reserves; it's more even than the official reserves of Germany and the IMF combined.

(Source, via Schiff.)

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