Justlookin
That is all true however Australia now has 80 ton of gold and most of it is held at the LBMA in London.
80 TON=
in ounces is 29600oz to a ton =
2,368.000 @ $1300usd per ounce
in Aust Dollars that is 1404 per ounce
tot =3,324,672,000 aud.
Pay that along with 8 billion of the 9 billion given to the RBA and you have a total of:
11,324,672,000 aud straight off our debt
