Who Owns Most of the World's Gold?, page 1

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Topic started on 4-10-2011 @ 09:23 AM by whaaa

www.wealthdaily.com...

With gold prices getting ready to soar, we've decided to find out who owns the most bullion in the world.

It's no surprise that governments, central banks, and investment funds are world's largest holders of gold reserves. These organizations know gold is the ultimate store of value that protects against inflation and offers a safe haven during times of economic and geopolitical turmoil.

Many here at ATS think going back to a gold standard would be a good Idea, so I wondered who actually owns most of the physical gold. I also would think that private individuals collectively own a fair amount in jewelry and coins.

edit on 4-10-2011 by whaaa because: (no reason given)

reply posted on 4-10-2011 @ 09:36 AM by stirling

My guess would be China......they have been collecting gold since the gold rush over here,,,
Not only just recently.

reply posted on 4-10-2011 @ 09:39 AM by whaaa

Originally posted by stirling
My guess would be China......they have been collecting gold since the gold rush over here,,,
Not only just recently.

Actually according to the article....

the U.S.

reply posted on 4-10-2011 @ 09:49 AM by UniverSoul

reply to post by whaaa

kyle from southpark

reply posted on 4-10-2011 @ 10:23 AM by MrsBlonde

I'm going with Enlil

he started the whole gold thing in first place

reply posted on 4-10-2011 @ 10:26 AM by Skyfloating

Interesting. Who would have thought that the U.S. still ranks one, a small country as Germany ranks 2, China still 7 and non-countries/organizations are in the list as well.

reply posted on 4-10-2011 @ 10:39 AM by pikestaff

Arabia and India/Pakistan would be my bet, those counties have always bought the yellow metal, mostly at above market price, I believe America paid Arabia in gold for the crude oil it imported during WW 2. Britain had the most gold at one point, especially during the Boar war, when Africa exported a ton a month to England.

reply posted on 4-10-2011 @ 10:54 AM by LucidDreamer85

Originally posted by UniverSoul
reply to post by whaaa

kyle from southpark

Well he does carry a bag of gold coins around his neck just like all jews do, according to Eric Cartman. lol

But yea just follow the money.

Gold is almost worthless for a lot of people though...can't heat your home or build fire or cook or kill with it really. how useful is gold in a survival situation ?

reply posted on 4-10-2011 @ 11:24 AM by bekod

here is the US gold holdings Gov owned gold www.fms.treas.gov... in short

Summary
Fine Troy Ounces Book Value

Gold Bullion 258,641,851.485 $10,920,427,976.14
Gold Coins,
Blanks,
Miscellaneous 2,857,047.831 120,630,844.95

Fine Troy Ounces Book Value
Total 261,498,899.316 $11,041,058,821.09

so they say, has any one seen this gold done the test on it, reports can be, {fixed}

edit on 4-10-2011 by bekod because: (no reason given)

reply posted on 4-10-2011 @ 11:24 AM by USAisdevil

Rothschild....

nugh said

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