GOLD
Click for more information
0.51% $1,391.7 gold futures

World official Gold holdings

  1. stokdog
    6,121 Posts.
    lightbulb Created with Sketch. 1055
    clock Created with Sketch.
    04/08/16
    07:55
    Post #: 18440190
    Hi All,

    I think the article below consolidates nicely with the Great Fall of China article I posted yesterday,

    http://www.marketwatch.com/story/why-china-and-russia-are-buying-so-much-gold-2016-08-01

    I've attached an extract of World Offical Gold holdings as at August 2016 from the World Gold Council site. Here is the link for those interested its in the link below under "Foreign Reserves Statistics"

    http://www.gold.org/statistics#group5

    You'll see that Australia is sitting on a reported 79 Tonnes of Gold Reserves. I think Australia needs to SERIOUSLY plan to stock up and improve this ratio of gold reserves to its GDP . Gold Reserves Aug 2016.PNG
    Value at posting: $1,358.1
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

EBR EBR reaches review milestone for wireless cardiac pacing device
right-arrow Created with Sketch.
NEWS Week 35 Wrap: HotCopper’s top watched; ‘iron ore winter’ has started; Oz inflation @ 3.5% MoM; Harris fracking flip
right-arrow Created with Sketch.
NEWS Government spend has to stop or interest rates must rise, property expert
right-arrow Created with Sketch.
NEWS Consumer Staples Shine Amid Retail Slump – Key Stocks to Watch
right-arrow Created with Sketch.
NEWS Results wrap: Wesfarmers, Southern Cross Media, Qantas
right-arrow Created with Sketch.
HYT Twiggy Forrest to acquire 40% of native hydrogen explorer – not long after putting Fortescue Future Industries to sleep
right-arrow Created with Sketch.
watchlist Created with Sketch. Add GOLD (COMEX) to my watchlist
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.