In today's world, we have two sets of
"Golden Rules.” We have the secular
“Golden Rule,” that states, “He who has the gold makes the rules;” and the
spiritual “Golden Rule,” that states, “Do to others what you
would have them do to you (Matthew 7:12).”
For my preference, I like the latter “Golden Rule.” However, my post today is about who has the
physical gold. And, as you will read
shortly, the United States has the vast majority of the world’s gold reserves,
which is why we are “still” the dominate power in the world and why our
currency “still” remains the world’s reserve asset. (Personally, I would like an audit of our gold
holdings.) As a matter of fact, the
reported figures indicate that the U.S. has something like 2.4 times as much
gold as the second largest holder, which is Germany. (Definitely keep an eye on Germany’s
influence on world events. The world’s
focus is on China’s influence throughout the world. I contend Germany is where we should be
focusing on, especially in the Middle East.)
- United States (8,133.3 tons)
- Germany (3,396.3 tons)
- IMF (2,814 tons)
- Italy (2,451.8 tons)
- France (2,435.4 tons)
- China (1,054.1 tons)
- Switzerland (1040.1 tons)
- Russia (936.7 tons)
- Japan (765.2 tons)
- Netherlands (612.5 tons)
- India (557.7 tons)
- European Central Bank (502.1 tons)
- Iran (500 tons).
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