Remember that WSJ article that threw around a few numbers for the Apple Watch production a few days back? It said that Apple plans to eventually produce one million Apple Watch Edition models every month eventually from the second quarter. A lot of people have debated the validity of this number of the Apple Watch's most premium model, that might supposedly run to even un to $20,000, according to some. But WSJ's track record from the past on such insider articles about Apple, makes it is hard not to believe these numbers however insane they are. So lets assume for the sake of argument that WSJ was right and Apple indeed is planning to make a million Edition Apple Watches per month. What does this mean for the amount of gold Apple needs to make these? This intersecting article has some fun math for you.
Wow, this is crazy, there should be something wrong with the math here, right? Nope. Its just what it is. Now even if WSJ has this number of Edition models wrong by a factor 10 or 5, its still a significant amount of gold, at around 3 to 6% of the entire gold mined globally. I guess this makes it the right time to invest in gold, huh! With more demand, its prices are sure to shoot up, if this piece of news is even remotely accurate.