Tuesday, January 15, 2013

World Governments Gold Reserves



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.)

  1. United States (8,133.3 tons)
  2. Germany (3,396.3 tons)
  3. IMF (2,814 tons)
  4. Italy (2,451.8 tons)
  5. France (2,435.4 tons)
  6. China (1,054.1 tons)
  7. Switzerland (1040.1 tons)
  8. Russia (936.7 tons)
  9. Japan (765.2 tons)
  10. Netherlands (612.5 tons)
  11. India (557.7 tons)
  12. European Central Bank (502.1 tons)
  13. Iran (500 tons).

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