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Gold Holdings by Country

By: Decomposed in 6TH POPE | Recommend this post (0)
Mon, 27 Nov 23 3:39 PM | 41 view(s)
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Msg. 47771 of 58549
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We can pat ourselves on the back for being #1, but the chart below (from Wikipedia) is patently absurd. Not only have we not been audited in, like, forever, but neither has China. I assure you, China has at least ten times the amount that is shown. Not only is it the world's number one gold producer (330 tons per year - an amount that is in decline.), but it outlaws the export of any gold. The government owns half of the gold mines and is actively buying as well. It bought 126 tons of gold from external sources in 2023, (as of August 17th.)





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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months


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