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04/03/24
17:00
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Originally posted by kingpins:
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How much gold bullion do various countries actually own Just doing some research on what is actually there and it is all VERY vague with apparently none of it audited with only a few "wow" trips by politicians used to verify as an audit All the reports of quantity come from only a couple of sources which use data to calculate the amounts held, IE a computer model ! The USA figure appears to suggest that their "total" includes other countries gold The USA figure also shows that their advertised figure has increased X 10 over the last 20 years, now about half a trillion (I think) The question is where has all the gold come from for all the countries to increase their gold holdings so dramatically Naturally with PM figures as to price and holding shrouded in mystery it leaves plenty of room for distrust On top of that is paper gold, if this is added in the sum is hard to believe True or false ???
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What is 'paper gold'? Is that like paper property, paper orange juice, paper zinc, paper wheat, paper oil, paper milk, paper meat....etc...etc.?