A quick calc:
8300tonnes (or is it tons?) = 267 million ounces
267million ounces @ USD1000/oz = USD267 billion
I think they're a little short of gold if they want to revalue their reserves at current prices to cover present issuance of dollars & treasuries. (somebody check my numbers)
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A quick calc:8300tonnes (or is it tons?) = 267 million...
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