World Gold Holdings - Who Owns What - IMF 2/14

Discussion in 'Gold' started by VRS, Mar 11, 2014.

  1. VRS

    VRS Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2011
    Messages:
    5,164
    Likes Received:
    92
    Trophy Points:
    48
    Location:
    Brisbane
    [​IMG]

    Official, 'indicative only' - whatever that means...
    (Ukraine's 8% is highlighted because this graphic was used by ZH in their recent article suggesting the US have taken possession of UA gold for 'safekeeping')
     
  2. Roswell Crash Survivor

    Roswell Crash Survivor Well-Known Member Silver Stacker

    Joined:
    Apr 11, 2011
    Messages:
    2,621
    Likes Received:
    505
    Trophy Points:
    113
    Location:
    Nevada
    Can't help but notice the list of countries with over 20% of their reserves in Gold:

    Netherlands (?)
    Portugal (?!)
    Venezuela (.)
    Austria (?)
    Belgium (?!)
    Kazakhstan (?!)
    Greece (!!)
    Slovakia (!)
    Nepal (!)
    Cyprus (!!)
    Tajikstan (!)
     
  3. trew

    trew Active Member Silver Stacker

    Joined:
    Aug 24, 2011
    Messages:
    3,653
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Melbern
    What about the 170,000 tonnes in Hawaii ?
     
  4. bull_bear

    bull_bear New Member Silver Stacker

    Joined:
    Jul 16, 2013
    Messages:
    877
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
  5. Altima

    Altima Well-Known Member Silver Stacker

    Joined:
    Feb 7, 2013
    Messages:
    4,178
    Likes Received:
    58
    Trophy Points:
    48
    Location:
    Canada/Singapore
    China has 1054 tonnes, but that accounts for around 1% of their reserves.

    The rest is in USD?
     
  6. serial

    serial Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2012
    Messages:
    5,959
    Likes Received:
    3,062
    Trophy Points:
    113
    Location:
    wa
    yeh some numbers don't make sense to me there, I would say that some countrys are being less than honest about there holdings and China would be the 1st I would look at
    also does it count the known in ground resources?
     
  7. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

    Joined:
    Feb 25, 2010
    Messages:
    5,150
    Likes Received:
    7
    Trophy Points:
    38
    Location:
    Hunter Valley, NSW
    Why would it count the in ground resources? Do they normally do that?
     
  8. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    The big question is why the IMF is third biggest holder of a barbarous relic that has no relevance to modern banking.
     
  9. JulieW

    JulieW Well-Known Member Silver Stacker

    Joined:
    Oct 14, 2010
    Messages:
    13,064
    Likes Received:
    3,292
    Trophy Points:
    113
    Location:
    Australia
    and btw I find the China figure extremely hard to believe.
     
  10. SpacePete

    SpacePete Well-Known Member Silver Stacker

    Joined:
    Mar 1, 2014
    Messages:
    12,433
    Likes Received:
    40
    Trophy Points:
    48
    Now that is an interesting observation. Why would they need it? Maybe they demand down payment or repayment in gold when impoverished countries have trouble meeting their fiat loan obligations.
     
  11. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,982
    Likes Received:
    6,662
    Trophy Points:
    113
    Location:
    Sydney
    It's all BS, Aura et Luna is not mentioned at all.
     
  12. serial

    serial Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2012
    Messages:
    5,959
    Likes Received:
    3,062
    Trophy Points:
    113
    Location:
    wa
    It was a genuine question, I don't know if they count them as holdings. technically all in ground resources are owned by the state and people pay for the right to mine and sell them in the form of royalties so I thought they could be counted as gold holdings
     
  13. Midnight Man

    Midnight Man Member Silver Stacker

    Joined:
    Jul 16, 2011
    Messages:
    832
    Likes Received:
    0
    Trophy Points:
    16
    Completely agree. China bought that much gold in 2013 alone.
     
  14. adze67

    adze67 Well-Known Member Silver Stacker

    Joined:
    Mar 26, 2011
    Messages:
    4,913
    Likes Received:
    3,216
    Trophy Points:
    113
    Location:
    A Galaxy far, far away...
    Does anyone seriously believe US has over 8,000 tonnes?!? :lol:
     
  15. Shamatti

    Shamatti Member

    Joined:
    Oct 9, 2013
    Messages:
    283
    Likes Received:
    2
    Trophy Points:
    16
    Location:
    UK
    I don't believe that for a moment. If the US has so much gold why are they unable to pay Germany back?
    And China is buying enough gold to sink a battle ship! lol. I would say that document is a work of fiction. Who wants us to believe that, and why?
     
  16. ego2spare

    ego2spare Well-Known Member

    Joined:
    Jun 1, 2013
    Messages:
    1,735
    Likes Received:
    38
    Trophy Points:
    48
    Location:
    Australia
    This list is complete bullshit. The US can't give other countries their gold back.. Or even show them that any gold exists. A lot of talk about Fort Knox being completely empty. the people who control the money in the US say they dont understand gold's role at all, and it's worthless... I really think America has no gold, and this list was made to keep the US on top like always.
     
  17. VRS

    VRS Well-Known Member Silver Stacker

    Joined:
    Oct 3, 2011
    Messages:
    5,164
    Likes Received:
    92
    Trophy Points:
    48
    Location:
    Brisbane
    HAHAAAAAAAAAAAAA!!!!!!

    OMG that made me laugh...

    Maybe they actually own Gringotts and Smigel is the Director, after all...

    The IMF offices must be full of the stuff - especially the doorhandles, toilet roll holders etc?!?
     
  18. House

    House Well-Known Member Silver Stacker

    Joined:
    May 1, 2012
    Messages:
    9,527
    Likes Received:
    287
    Trophy Points:
    83
    Location:
    Stack City
    Not true. Here's a list from a Gov website of all the bars stored at Fort Knox. It's in PDF format and everyone knows you can't fake those. Last updated in 2010.
     
  19. serial

    serial Well-Known Member Silver Stacker

    Joined:
    Aug 19, 2012
    Messages:
    5,959
    Likes Received:
    3,062
    Trophy Points:
    113
    Location:
    wa
    did you see the fineness on some of those bars? some are less than 9 ct!! or is that the tungsten core they are taking into account?
     
  20. Shamatti

    Shamatti Member

    Joined:
    Oct 9, 2013
    Messages:
    283
    Likes Received:
    2
    Trophy Points:
    16
    Location:
    UK

    That was a joke right? Joking. LOL

    You trust the government to tell the truth?

    You can't fake a PDF?

    Funny man! lol :lol:
     

Share This Page