posted on 01/16/2013 6:52:14 AM PST
As long as taxing, spending, and printing are the order of the day, holding onto some gold is necessary.
To: JerseyanExile; Jet Jaguar
posted on 01/16/2013 6:57:33 AM PST
Gold still accounts for a very small percent of China's $3.2 trillion in foreign exchange reserves, compared with the international average of 10 percent.
Seems like there is less here then the headline promised.
posted on 01/16/2013 6:57:44 AM PST
The US is still #1?
Prove it. LOL.
posted on 01/16/2013 7:01:16 AM PST
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"10 Countries Hoarding Enormous Stockpiles Of Gold".
10 Countries Hoarding Enormous Stockpiles Of
posted on 01/16/2013 7:09:08 AM PST
(AR-10s/15s are the 21st Century's Muskets. Self-Defense is The First Human Right.)
For those of us who don’t have the time or inclination to click through to this excellent site:
#1 United States, 8,133.5 tonnes
#2 Germany, 3,391.3 tonnes
#3 Italy, 2,451.8 tonnes
#4 France, 2,435.4 tonnes
#5 China, 1,054.1 tonnes
#6 Switzerland, 1,040.1 tonnes
#7 Russia, 934.9 tonnes
#8 Japan, 765.2 tonnes
#9 Netherlands, 612.5 tonnes
#10 India, 557.7 tonnes
Those are “official” holdings, I’d bet India and China have twice as much in private hands.
posted on 01/16/2013 7:54:09 AM PST
by null and void
(Gun confiscation enables tyranny. Don't enable Tyranny)
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