marc faber says sp500 is going to 1200, page-34

Told a lie. IMF has the third largest holding, that is if you believe that the US have what they are reported to have!

World official gold holding (June 2008)[6]
Rank Country/Organization Gold
(tonnes) Gold's share of reserves
(%)
- Flag of World World 29,822.6 -
1 Flag of the United States USA 8,133.5 78.2%
2 Flag of Germany Germany 3,417.4 66.3%
3 International Monetary Fund 3,217.3 -
4 Flag of France France 2,562.3 59.4%
5 Flag of Italy Italy 2,451.8 68.1%
6 Flag of Switzerland Switzerland 1,100.7 39.8%
7 Flag of Japan Japan 765.2 2.1%
- SPDR Gold Trust (a Gold exchange-traded fund) 745.2[7] -
8 Flag of the Netherlands Netherlands 621.4 61.2%
9 European Central Bank 563.6 24.8%
10 Flag of the People's Republic of China People's Republic of China 600.0 0.9%
11 Flag of the Republic of China Republic of China (Taiwan) 423.3 4.0%
12 Flag of Spain Spain 416.8 42.5%
13 Flag of Russia Russia 402.8 2.8%
14 Flag of Portugal Portugal 382.5 86.8%
15 Flag of India India 357.7 3.3%
16 Flag of Venezuela Venezuela 356.8 33.3%
17 Flag of the United Kingdom United Kingdom 310.3 14.8%
18 Flag of Lebanon Lebanon 286.8 36.9%
19 Flag of Austria Austria 280.0 41.7%
20 Flag of Belgium Belgium 227.6 37.2%
21 Flag of Algeria Algeria 173.6 3.7%
22 Flag of Sweden Sweden 146.6 14.0%
23 Flag of Libya Libya 143.8 4.5%
24 Flag of Saudi Arabia Saudi Arabia 143.0 11.1%
25 Bank for International Settlements 134.9 -
26 Flag of the Philippines Philippines 130.8 10.1%
27 Flag of Singapore Singapore 127.4 2.0%
28 Flag of South Africa South Africa 124.3 10.3%
29 Flag of Turkey Turkey 116.1 4.2%
30 Flag of Greece Greece 112.8 89.9%
31 Flag of Romania Romania 103.7 6.9%
32 Flag of Poland Poland 102.9 3.8%
33 Flag of Thailand Thailand 84.0 2.2%
34 Flag of Australia Australia 79.8 6.7%
35 Flag of Kuwait Kuwait 79.0 11.9%
36 Flag of Egypt Egypt 75.6 6.2%
37 Flag of Indonesia Indonesia 73.1 3.5%
38 Flag of Kazakhstan Kazakhstan 67.4 10.0%
39 Flag of Denmark Denmark 66.5 4.9%
40 Flag of Pakistan Pakistan 65.3 14.2%
41 Flag of Argentina Argentina 54.7 3.1%
42 Flag of Finland Finland 49.1 16.1%
43 Flag of Bulgaria Bulgaria 39.8 5.9%
44 West African Economic and Monetary Union 36.5 9.4%
45 Flag of Malaysia Malaysia 36.4 0.9%
46 Flag of Slovakia Slovakia 35.1 5.0%
47 Flag of Peru Peru 34.7 3.0%
48 Flag of Brazil Brazil 33.6 0.5%
49 Flag of Bolivia Bolivia 28.3 12.2%
50 Flag of Ecuador Ecuador 26.3 13.1%
51 Flag of Ukraine Ukraine 26.2 2.2%
52 Flag of Syria Syria 25.9 -
53 Flag of Morocco Morocco 22.0 2.4%
54 Flag of Nigeria Nigeria 21.4 1.0%
55 Flag of Belarus Belarus 19.5 10.7%
56 Flag of South Korea South Korea 14.3 0.2%
57 Flag of Jordan Jordan 14.1 6.1%
58 Flag of Cyprus Cyprus 13.9 31.8%
59 Flag of the Czech Republic Czech Republic 13.2 1.0%
60 Flag of the Netherlands Antilles Netherlands Antilles 13.1 35.5%
61 Flag of Cambodia Cambodia 12.4 14.6%
62 Flag of Qatar Qatar 12.4 2.2%
63 Flag of Serbia Serbia 12.2 2.3%
- BullionVault 9.5[9] -
64 Flag of Laos Laos 8.1 27.5%
65 Flag of Latvia Latvia 7.7 3.4%
66 Flag of El Salvador El Salvador 7.3 8.4%
67 Economic and Monetary Community of Central Africa 7.1 1.6%
68 Flag of Guatemala Guatemala 6.9 4.3%
69 Flag of Colombia Colombia 6.9 0.9%
70 Flag of the Republic of Macedonia Macedonia 6.8 8.1%
71 Flag of Tunisia Tunisia 6.8 2.3%
72 Flag of Lithuania Lithuania 5.8 2.3%
73 Flag of Ireland Ireland 5.5 16.8%
74 Flag of Mongolia Mongolia 5.2 11.3%
75 Flag of Sri Lanka Sri Lanka 5.2 3.9%
76 Flag of Bahrain Bahrain 4.7 -
77 Flag of Bangladesh Bangladesh 3.5 1.7%
78 Flag of Canada Canada 3.4 0.2%
79 Flag of Slovenia Slovenia 3.2 8.4%
80 Flag of Aruba Aruba 3.1 17.0%
81 Flag of Hungary Hungary 3.1 0.3%
82 Flag of Mozambique Mozambique 3.0 5.3%
83 Flag of Mexico Mexico 2.9 0.1%
84 Flag of Kyrgyzstan Kyrgyzstan 2.6 6.5%
85 Flag of Luxembourg Luxembourg 2.3 8.7%
86 Flag of Albania Albania 2.2 2.7%
87 Flag of Hong Kong Hong Kong 2.1 0.0%
88 Flag of Iceland Iceland 2.0 2.0%
89 Flag of Papua New Guinea Papua New Guinea 2.0 2.6%
90 Flag of Mauritius Mauritius 1.9 2.5%
91 Flag of Trinidad and Tobago Trinidad and Tobago 1.9 0.7%
92 Flag of Tajikistan Tajikistan 1.8 -
93 Flag of Yemen Yemen 1.6 0.5%
94 Flag of Suriname Suriname 1.4 7.7%
95 Flag of Cameroon Cameroon 0.9 0.9%
96 Flag of Honduras Honduras 0.7 0.7%
97 Flag of the Dominican Republic Dominican Republic 0.6 0.6%
98 Flag of Gabon Gabon 0.4 0.9%
99 Flag of Malawi Malawi 0.4 7.9%
100 Flag of the Central African Republic Central African Republic 0.3 10.3%
101 Flag of Chad Chad 0.3 1.0%
102 Flag of the Republic of the Congo Republic of the Congo 0.3 0.4%
103 Flag of Uruguay Uruguay 0.3 0.1%
104 Flag of Estonia Estonia 0.2 0.2%
105 Flag of Chile Chile 0.2 0.0%
106 Flag of Malta Malta 0.2 0.9%
107 Flag of Costa Rica Costa Rica 0.1 0.0%