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Which Countries Own the World’s Gold?

Central banks are contributing to world gold demand. The latest data from the World Gold Council indicates even more changes among the nations holding the most in gold reserves. Those are also some of nations whose creditworthiness is now under question during the debt crisis in Europe. Researchers at 24/7 Wall St. looked at the nations with the highest gold reserves, as well as two institutions, to see how each might affect future gold demand.

While investment demand was the key driver to increased gold demand during the past quarter, central bank gold buying and selling are going to be a key factor for demand ahead. The council projected that central bank demand is expected to continue as creditworthiness woes of western governments has come front and center.

In fact, the council also cited many new central bank entrants have emerged as they move to diversify reserves. Further, the council sees this increased central bank activity trend continuing into 2012.

This list reviewed the nations that hold the lion’s share of the world’s gold reserves, according to the World Gold Council’s International Financial Statistics. Of course, many nations will have new gold reserve data in 2012. And some of the data remained unchanged from prior months. Nevertheless, it is the purpose of the list to show which nations probably are increasing or lowering their gold reserves into 2012 and why.

The European credit crisis and emerging market weakness are what is likely behind central banks’ demand. Total gold demand rose 6 percent in the third quarter from a year earlier to 1,053.9 tonnes. This equates to roughly $57.7 billion — an all-time high in value terms. Investment was the large driver for increased gold demand, while jewelry demand was soft.

These are the countries that own the world’s gold.

Which Countries Own the World’s Gold?13) Venezuela holds 365.8 tonnes.
Venezuela increased its gold reserves by nearly 5 percent. Oil sales and business nationalization (or seizure) has continued to add more wealth to the nation’s government.

Venezuela’s population is only 27 million and it is the sole Latin American country among the top nations holding gold. In 2010, Venezuela bought 3.1 tonnes, according to the World Gold Council. That’s after buying 4.1 tonnes locally in 2009. Venezuela has continued adding gold, and if history is an indicator, it is likely to keep adding gold.

.

Which Countries Own the World’s Gold?12) Portugal holds 382.5 tonnes.
Surprisingly, one of the PIIGS nations (Portugal, Italy, Ireland, Greece, Spain), Portugal, is also a top holder of gold. The European nation has a population of almost 11 million people. Does this go back to the days of its empire building ambitions, or is it because the nation was able to remain neutral in World War II?

If Portugal is really in such dire straights, perhaps the Europeans could start demanding that Portugal pledge some of its gold reserves to bolster its finances. Portugal has already been a part of the prior Central Bank Gold Agreement as a seller in recent years, so it seems logical that the nation would be selling to hold up on its debt and entitlement obligations.

Which Countries Own the World’s Gold?11) Taiwan holds 423.6 tonnes.
Taiwan is another surprise as one of the world’s largest gold holders. It has a vast electronics sector, and maybe its high gold holdings help it stay financially relevant in its long ongoing confrontation with China. The nation is already considered wealthier than many neighboring countries on a per capita basis. The accumulation of gold by China makes it unlikely Taiwan would sell much gold now.

Which Countries Own the World’s Gold?10) India holds 557.7 tonnes.
India’s gold holdings are still officially the same as they were at the beginning of the year, but it seems likely that it will increase its central bank holdings. The nation has about 1.2 billion people and its economy is growing — even though the government has fought inflation in 2011.

Gold is so entrenched in Indian culture that India is likely to continue accumulating more. Almost one-third of the world’s jewelry demand comes from India, and the country acquired 200 tonnes of the IMF gold sales in late-2010. India would seem to be a buyer of gold not just in 2012, but in the years ahead.

Which Countries Own the World’s Gold?9) The Netherlands holds 612.5 tonnes.
Another relatively small nation with only 16.6 million people is ranked as a top holder of gold. The nation used to hold even more gold but it was a seller of gold from at least 2003 to 2008 under the Central Bank Gold Agreement in Europe. The country’s gold holdings seem unlikely to change very much in 2012.

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Which Countries Own the World’s Gold?8 ) Japan holds 765.2 tonnes.
Japan has had to deal with two decades of a sluggish economy and its currency is considered a safe-haven for international investors. The Japanese people are known for keeping cash under their mattresses. The yen feels inflated with its huge debt-to-GDP and no growth. Prices for Japanese goods are getting too expensive for foreigners due to the strength of the Yen. The country is also still recovering from its tsunami and nuclear incident from earlier in 2011. Perhaps Japan will have proven to be a seller in 2011 rather than trying to bolster its foreign currency reserves. If not, maybe it should be.

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Which Countries Own the World’s Gold?7) Russia holds 851.5 tonnes.
Russia has been gobbling up gold to bolster the ruble in the past and this appears to be the case this year as well. The new figure of 851.5 tonnes of gold compares to a previous figure earlier this year of 784.1 tonnes. The council had also noted earlier that Russia accumulated some 120 tonnes during the first 10 months of 2010, and that was after adding over 100 tonnes in 2009 and almost 70 tonnes in 2007. The new figure was because of increased purchases after the prior cut-off date. With Russia having vast oil and commodity reserves and with Russia aiming to increase its clout in the world as a financial powerhouse, it seems a shoe-in that it will have proven itself as a buyer of gold into 2012.

See the rest of the list here.

(Jon C. Ogg—24/7 Wall St./The Blaze)

Comments (110)

1 2 3
  • chershaw8
    Posted on November 28, 2011 at 11:42am

    Are we #1?

    Report Post »  
  • www.Cryptoportico.com
    Posted on November 28, 2011 at 11:39am

    Where is England? The UK holds no gold? HA!

    http://www.facebook.com/Socialist.Indoctrination

    Report Post » www.Cryptoportico.com  
    • forthepeople
      Posted on November 28, 2011 at 1:32pm

      I think that george soros caused them partly to part with it, then he bought much of it at the same time.

      Report Post » forthepeople  
    • metalurgy
      Posted on November 28, 2011 at 2:06pm

      Great Britan is in 17th place with 310.3 tonnes. This is a list of the top 10. Please note that he with the most gold controls the money and is the Reserve Currency of the world. That‘s us until proven otherwise by a Fed and Ft Knox audit which hasn’t been done in 40 years.

      Please note the BRIC’s have been working to undermine and replace the $USD as the worlds reserve currency for reasons I don’t have time to explain. (Exporting our inflation to their country by buying there goods with our worthless dollars).

      Add up the total reserves of the BRIC nations and what do you get?

      Report Post » metalurgy  
    • KevINtampa
      Posted on November 28, 2011 at 4:42pm

      For those people who say we have a fiat currency, you are wrong. Our money is backed by the supply of a bountiful, yet ultimately not endless, resource. Don’t you wackos know that we make money out of thin air!? Sure it’s not gold, silver, or copper…but trust me, once we run out of air you will notice the printing presses stop.

      Report Post »  
    • kay2861
      Posted on November 28, 2011 at 9:46pm

      Incredibly, Gordon Brown sold 60% of the UK’s gold reserves at the equivalent of $275 per ounce between 1999 and 2002. This was worth $3.5 billion at the time, but at today’s prices would be about $19 billion. The British people were naturally pretty ticked off about this, and might explain, at least partially, why he and the Labour Party lost the last election.

      Report Post »  
  • redsred
    Posted on November 28, 2011 at 11:29am

    I have no idea how much gold we really hold. If the amount hasn’t been verified in years, the quantity would be suspect. If all those congressional prix raided the Social Security “lock box” (laugh here), why wouldt the greedy bastards leave the gold alone?

    Incidentally, who could authorize taking gold from our reserves?

    Report Post »  
    • Mil Mom
      Posted on November 28, 2011 at 5:16pm

      re: Who could authorize taking gold from our reserves?
      ****
      Let me guess: “Would it be the same one who authorizes taking oil from the STRATEGIC OIL RESERVES? ” If so, look for it buried in a garden of garbage under a el line in chicago!!!! (Unless valerie jarret’s hubby has sneaked it to mexico!

      Report Post » Mil Mom  
    • seldomscene
      Posted on November 28, 2011 at 6:50pm

      Does anyone know if Fort Knox is an empty box? Just asking.

      Report Post » seldomscene  
  • gardensfromgraves
    Posted on November 28, 2011 at 11:01am

    Gold will be worthless in the coming induced famine and rationing. It is time to look upward to YHWH rather than outward to men.

    Report Post »  
    • pduffy
      Posted on November 28, 2011 at 1:27pm

      Yes, they will be “casting their gold and silver in the streets”. Totally worthless. “Why do the nations rage, And the people plot a vain thing?” (Psa 2). Trusting in gold is idolatry.

      Report Post »  
    • Rijkstra
      Posted on November 28, 2011 at 2:11pm

      Ezekiel 7:19 (NASB)
      They will fling their silver into the streets and their gold will become an abhorrent thing; their silver and their gold will not be able to deliver them in the day of the wrath of the LORD. They cannot satisfy their appetite nor can they fill their stomachs, for their iniquity has become an occasion of stumbling.

      Report Post » Rijkstra  
    • Mil Mom
      Posted on November 28, 2011 at 5:36pm

      Amen!

      Report Post » Mil Mom  
    • Jill Crowl
      Posted on November 29, 2011 at 12:54am

      Amen. Amen. Amen!!

      Report Post »  
  • hersey10
    Posted on November 28, 2011 at 10:33am

    I will believe the US holds 8,133.5 tons when we see it via Ft. Knox precious metals audit . I’m not a Ron Paul supporter but I want him there for verification .

    Report Post » hersey10  
    • smackdown33
      Posted on November 28, 2011 at 10:59am

      The Jewish, Lord Rothschild’s, vision has come true. Christ knew that the money changers of Judah were trouble and soulless. He took a stick to them, and ran them out.

      As a country, we’ve missed that lesson. End the Fed and the central banking system. Let the descendents of Judah get out and work. Stop their life of living off of the interest generated by their self-created debt.

       
    • Secret Agent Man
      Posted on November 28, 2011 at 11:47am

      @SmackDown33

      You are right except for where you say that the Rothschilds and other moneychangers are of Judah. They are not of the true tribe of Judah, but are the “Jews” spoken of in Revelation 3:9:

      “Behold, I will make them of the synagogue of Satan, which say they are Jews, and are not, but do lie; behold, I will make them to come and worship before thy feet, and to know that I have loved thee.”

      Why would G-D’s chosen people be a group of money manipulators and thieves? These “Jews” that you speak of are sons of Cain.

      Report Post »  
    • Rijkstra
      Posted on November 28, 2011 at 2:14pm

      I believe most of the countries reporting have overstated their gold holdings. Storing it in secret makes looting it in secret much easier.

      There have been rumors that Gadaffi was killed over his gold holdings and plans to create a gold-backed currency. The PTB are definitely not ready for that!

      Report Post » Rijkstra  
    • OneTermPresident
      Posted on November 28, 2011 at 2:30pm

      @HERSEY10… The economy wrecking George Soros owns 11 tons.

      Report Post » OneTermPresident  
    • Mil Mom
      Posted on November 28, 2011 at 5:27pm

      @smackdown 33
      re : As a country, we’ve missed that lesson. End the Fed and the central banking system. Let the descendents of Judah get out and work. Stop their life of living off of the interest generated by their self-created debt.
      ***
      If there ARE actually jewish bankers WHO DON’T WORK, I agree, let them earn a living, IF THEY’VE GROWN UP STARTING IN THE BUSINESS [AND WORKING] THEIR WAY UP, Why Should They Give Up What They’ve [WORKED HARD] FOR????
      ALSO, LET THE ows CRYBABIES GET A JOB AND EARN THEIR WAY TOO!!!! LET THEM [WORK] THEIR WAY TO THE TOP, (Instead of expecting to graduate and instantly get a jot handed to them which earns as much as a bank president!!

      Report Post » Mil Mom  
    • Winkycat
      Posted on November 28, 2011 at 7:09pm

      hersey10:
      But since India has been and will continue to import the most gold among nations, averaging around 500 tons per year (the last couple have surged to close to 1000 tons) with most sinking into the consumer demand. It is estimated India has around 26 thousand tons of gold. Asia is a sink hole for Gold and India is Asia’s sink hole for that metal. Even the Senate of Ancient Rome complained that “India is draining Rome of her gold”.

      Report Post »  
  • B-Neil
    Posted on November 28, 2011 at 9:52am

    Were giving foreign-aid to what country’s??? CARRY ON McDUFF

    Report Post »  
    • escape_from_socialism
      Posted on November 28, 2011 at 10:22am

      Money has no country and globalists has no allegiance to any country. For them people are farm animals.

      Report Post »  
  • Hankstwocents
    Posted on November 28, 2011 at 9:33am

    Where is Taiwan? I heard that Chiag Kai-shek brought China’s gold reserves with him in 1949 to Formosa(Taiwan), and this is the reason China wants to get it back so badly.

    Report Post »  
    • GulfPeg
      Posted on November 28, 2011 at 9:43am

      At the end of the article it states in red “See the rest of the list here” – there is a link.

      I have breathed the sigh of relief knowing how much gold the U.S. owns (if it is true).

      Report Post »  
    • Unix
      Posted on November 28, 2011 at 9:44am

      It‘s the big island off China’s coast…

      Report Post » Unix  
    • Hankstwocents
      Posted on November 28, 2011 at 9:45am

      Taiwan is ten, Irwin Baxter says they are #2

      Report Post »  
    • MUSE_FENDERTAMA
      Posted on November 28, 2011 at 9:51am

      Taiwan is a small island (relatively speaking) to the south east of china.
      It is governed by what is called “the Republic of China”. This government is one that has been in place before the 1949 communist revolution, and upon ousting, it fled to the island of Taiwan.
      It is now under threat of invasion by communist china (the PEOPLE’S Republic of China) because of its vast wealth (gained through its free-market capitalist system) and small military.
      Communist China has threatened over the years that if the UN is to recognize Taiwan as a sovereign nation, they will forcefully take Taiwan.

      Personally, I’d much rather live in Taiwan than in China.

      Report Post » MUSE_FENDERTAMA  
    • YoungBloodNews
      Posted on November 28, 2011 at 9:51am

      And Chavez is pulling his out of europe currently….

      I wonder if Venezuela will be the next country needing NATO/UN “humanitarian aid” lololol…

      Report Post » YoungBloodNews  
    • copatriots
      Posted on November 28, 2011 at 9:51am

      It wouldn’t surprise me at all to learn the U.S. Gold has been stolen. Even if it is there, it would seem we owe it to China when they come to collect.

      Report Post »  
    • mils
      Posted on November 28, 2011 at 9:59am

      i serously doubt we own that much gold…I have come to believe our government and finances are based on fantasy…some evil dark, most not real…..
      I do not believe it..

      Report Post »  
    • ozchambers
      Posted on November 28, 2011 at 10:34am

      Ask to see the gold. Uncle Sam will politely decline.

      Report Post » ozchambers  
  • PPMStudios
    Posted on November 28, 2011 at 9:32am

    I’m confused. If Portugal (12th) and Italy (3rd) own so much gold, why are they being considered for a bail-out!! Make them pay their own way!!

    Report Post » PPMStudios  
  • Beo123
    Posted on November 28, 2011 at 9:23am

    So i may not be very good at math, and i do like to round things so bare with me. It would take about 400 times the amount of gold, this list shows the U.S. possessing, in order to pay off the $13 trillion debt. And when we are talking ~400x~8000, we are talking some serious fundage.

    Report Post »  
    • Secret Agent Man
      Posted on November 28, 2011 at 11:54am

      We just hit $15 Trillion the other day.

      http://www.usdebtclock.org/

      Report Post »  
    • MikeTheNuke
      Posted on December 1, 2011 at 1:02pm

      US holds approximately 8,000 tons = 256,000,000 ounces.
      At the current market price of approximately $1,700 per ounce = $435 trillion in total gold assets are held by the US (supposedly).

      It’s a two-edged sword…. if the U.S. pays for all of it’s obligations (say $100 trillion) by cashing out some of it’s gold, it will result in a huge drop in the value of gold by virtue of flooding the gold market with 58 million ounces or 1800 tons (approx.) of gold.

      Report Post »  
  • felix
    Posted on November 28, 2011 at 9:09am

    U.S. # 1 , B.S. , Fort Knox is empty. no one has seen the gold since mid, 70′s

    Report Post »  
    • dsind
      Posted on November 28, 2011 at 10:07am

      I think Knox has been pilfered.

      Report Post »  
    • Mil Mom
      Posted on November 28, 2011 at 5:47pm

      I had a military relative tell me that in the mid 70′s we moved the gold from Ft. Knox to the World Bank basement in NYC! Never checked it out but that’s what I was told.

      Report Post » Mil Mom  
  • demiglaze
    Posted on November 28, 2011 at 9:08am

    As far as I know, there has not been an inventory of our gold taken in 20 years or so.
    For all we know its already being sold and stolen

    Report Post »  
  • louise
    Posted on November 28, 2011 at 9:04am

    Something to think about.

    http://tv.globalresearch.ca/2011/08/federal-reserve-admits-we-have-no-gold

    Report Post » louise  
  • KICKILLEGALSOUT
    Posted on November 28, 2011 at 8:52am

    China is buying record amounts of Gold not only off the market but the great majority is that they are buying in secret directly from the mines so they don‘t have to report it and it doesn’t affect the market price of Gold. I don’t believe these numbers anyways about the Gold reserves because they can never be audited to account if it is true or not.

    Report Post » KICKILLEGALSOUT  
  • ZeroOff4impact
    Posted on November 28, 2011 at 8:50am

    You probably should ask how much gold do I have? Everything else will be wallpaper or toilet paper.

    Report Post » ZeroOff4impact  
  • Sibyl
    Posted on November 28, 2011 at 8:48am

    Those who trust in Jesus Christ do not and cannot operate on the political plane exclusively or spend their energies trying to survive or beat the system. We can’t control it.

    We will always be opposed by greedy opportunists, crooks, power-mad tyrants. We are called to speak the truth in love, as Glenn Beck and Abraham Lincoln and Jesus said, “With malice toward none and charity toward all.”

    We, who are Christ’s, have been charged to love, pray for, bless, do good to and forgive our enemies, to bear only spiritual weapons against them. (The polar opposite of Mohammed’s followers)

    AND, there is a higher currency than gold, and more satisfying than mere bread and fish, the eternal riches of GOD’s Word and Commandments (See Psalm 19, Psalm 119)….and a gold supply available as needed to appease the temporal authorities. (See Matthew 17:27)

    Jesus and the Apostles said several times, Do not be anxious, do not worry, follow His Commandments and even though mountains fall into the sea and even though we will be persecuted and suffer, but HE will be with us and give us His Peace that the world cannot take away.

    Report Post »  
    • jakartaman
      Posted on November 28, 2011 at 9:38am

      @Sybil
      Yes – but remember the story of the young ladies and the oil for their lanterns.
      Half the ladies got extra oil while the other half did not.
      The ones that got the extra oil made it at night to where Jesus was staying – Those that did not get extra oil were shut out with a locked door.
      I take away from this is – yes We can put our trust in Jesus but we also need to do our share of being prepared. I am – hope you and all other believers are also

      Report Post »  
    • Unix
      Posted on November 28, 2011 at 9:52am

      And the story of Joseph, who saved Egypt by storing wheat, etc…and got them thru the 7 year famine, thus winning favor with the king. The parable of the tenents…this list goes on. Believe in Jesus Christ as he is your salvation, your ability to help yourself by working hard, getting an education and yes, preparing, is what the lesson is. God did provide manna to Moses, but it was because God was punishing the idol worshipers. He led them thru the desert for 2 generations, in order to wipe out the unclean.

      Report Post » Unix  
    • whick1
      Posted on November 28, 2011 at 4:11pm

      Yes. We,who are adopted into the Family of God, the Father, are instructed to trust the Lord, and not Mammon.

      Report Post »  
    • Mil Mom
      Posted on November 28, 2011 at 6:09pm

      @sibyl
      re : Jesus and the Apostles said several times, Do not be anxious, do not worry, follow His Commandments and even though mountains fall into the sea and even though we will be persecuted and suffer, but HE will be with us and give us His Peace that the world cannot take away
      ***
      And we can say with Job ” But He knoweth the way that I take, when He hath tried me, I SHALL COME FORTH AS GOLD!” (Chap 23:10)
      ALSO: we look forward to walking those streets where: “and the city was PURE GOLD, like unto CLEAR GLASS”. (Rev 21: 18)

      Report Post » Mil Mom  
  • Athinkerinaseaoflibs
    Posted on November 28, 2011 at 8:09am

    With POTUS spending money like a drunk sailor on leave, my calcs say that he will have it all spent by Christmas. However, with a drunken sailor, we would be able to account for it, or atleast there will be someone smiling. With the POTUS we will have no idea where it went.

    PS: My appologies to the Sailors in the audience, Comparisons between the POTUS and anyone is really not very nice but I did not coin the phrase “Drunken Sailor on Leave”

    Report Post »  
    • loriann12
      Posted on November 28, 2011 at 8:59am

      I was going to respond, but I read your apologies. He’s worse than any drunken sailor I ever saw…plus he has more “girl in every port” because he’s trying to please everyone, knowing full well he’ll do whatever he wants if re-elected. How transparent is the NASCAR thing? And Target shopping? Get real.

      Report Post »  
  • Erwin
    Posted on November 28, 2011 at 8:08am

    The German gold hasn’t been seen for a long, long time after the US confiscated it after WWII and brought it to Fort Know. There is a not so small chance it’s not there any more.

    Report Post »  
  • mikee1
    Posted on November 28, 2011 at 8:05am

    Gold and land are the only measures of wealth in fraud economies, like we have. This means most of the wealth is really still in Europe. Where is the UK? It is amazing that they are not even in the top 13, after controlling the world economy up till WWII. Are these stats correct?

    Report Post » mikee1  
    • kay2861
      Posted on November 28, 2011 at 10:57am

      Gordon Brown sold 60% of the UK’s gold reserves at the equivalent $275 per ounce between 1999 and 2002. This raised $3.5 billion at the time and would be worth $19 billion now. He’s so silly!

      Report Post »  
  • paulusmaximus
    Posted on November 28, 2011 at 7:56am

    Quote Wall St 24/7 “1) United States holds 8,133.5 tonnes. The U.S. has already lost its prized AAA credit rating and it has magically created a vast amount of dollars to support the bailouts and stimulus packages. The U.S. could always try unloading some gold to fight future commodity price pressures,
    but the U.S. has now reached the point of leverage and deficits that it has to hold hard assets to fend off another challenge to the dollar as the world’s top reserve currency. Any gold sales today would likely have to be countered by large gold purchases in the future.
    In other words The Fed has sold us down the river and all the rats are jumping ship!

    Report Post » paulusmaximus  
    • Sibyl
      Posted on November 28, 2011 at 8:59am

      There is plenty of gold underground available to be mined, but the price is being controlled and manipulated by the big marketeers.

      There are also little ‘gold mines’ on every street in the US with big signs “WE BUY GOLD” owned by foreigners (probably Islamists) who are draining all available gold from the people and amassing it somewhere.

      Ghaddafi‘s gold and arms and that of other Middle Eastern poobahs is being seized and to use Obama’s words, ‘redistributed’ to those (probably Islamists or globalist/marxist/totalitarians) with radical agendas who want to enslave the people of the world.

      Report Post »  
    • Sibyl
      Posted on November 28, 2011 at 9:05am

      They want to control all wealth and commodities, food, land, water, medicine/health care, business, politics, government.

      One thing they cannot control – the Holy Spirit or the eternal Kingdom of God or The Lord of Truth, Love and Life.

      They can only imitate and counterfeit eternal things.

      Report Post »  
  • GeorgeWashingtonslept here
    Posted on November 28, 2011 at 7:49am

    Hey Italy,,,,,,,,,,,,,better give up the gold to save your ass.

    Report Post »  
  • Meyvn
    Posted on November 28, 2011 at 7:34am

    Which country? It may be more accurate to ask which private bank or corporation.

    Report Post » Meyvn  
    • old white guy
      Posted on November 28, 2011 at 7:50am

      canada had about 652 tons of gold in the 1960′s but i read they only have 100,000 ounces now.

      Report Post »  
  • SpankDaMonkey
    Posted on November 28, 2011 at 7:24am

    .
    8,133.5 tons of Gold, shame we have to balance that with 8,133.5 tons of Illegals & Democrat Welfare recipients……

    Report Post » SpankDaMonkey  
  • On The Bayou
    Posted on November 28, 2011 at 7:21am

    Convertion tonnes to pounds. 8133.5 tonnes. 17931298.094807 lbs.

    Report Post » On The Bayou  
    • SpankDaMonkey
      Posted on November 28, 2011 at 7:26am

      .
      Tell Boudreaux to put dat calaulator down befor he hurts himself………….

      Report Post » SpankDaMonkey  
    • On The Bayou
      Posted on November 28, 2011 at 7:31am

      Hey man all I`ve got here is some sticks and rocks, I`m trying to provide some service down here.

      Report Post » On The Bayou  
    • SpankDaMonkey
      Posted on November 28, 2011 at 7:38am

      .
      Dats! Morning Wood…Dis is a family channel, put dat down…………

      Report Post » SpankDaMonkey  
    • On The Bayou
      Posted on November 28, 2011 at 7:51am

      Spankdatmonkey, you pass my camp on Trappers Canal we`ll drink us a blue and silver one.

      Report Post » On The Bayou  
    • SpankDaMonkey
      Posted on November 28, 2011 at 8:33am

      .
      That’s a Deal…..Geaux Tigers…….Who Dat?……………

      Report Post » SpankDaMonkey  
  • iwalkalone
    Posted on November 28, 2011 at 7:20am

    No matter how you slice it, the architects of our disaster will ensure their own survival. Why is the US Dollar not worth 10 times any other currency based on these numbers? ANSWER: FEDERAL THIEVING RESERVE

    Report Post »  
    • spurjimmy
      Posted on November 28, 2011 at 7:57am

      These gold reserves are being held to back the “New World Order” currency coming soon to a planet near you.

      Report Post »  
    • old white guy
      Posted on November 28, 2011 at 8:02am

      iwalkalone, with the excess printing of money iam surprised the dollar is worth anything. some serious moves must be happening to keep the dollar where it is because it sure as hell isn’t worth the current value.

      Report Post »  
  • grudgywoof
    Posted on November 28, 2011 at 7:02am

    If we have the most then where is it? Fort Knox? Why will the government not account for what is supposed to be “our” gold reserves. If all these countries are in such dire straits they should be made to sell their reserves to pay for their mistakes. Something stinks.

    Report Post » grudgywoof  
    • Oldphoto678
      Posted on November 28, 2011 at 7:16am

      Whos gonna make them sell their reserves? Should the US be made to sell our reserves too?

      Report Post »  
    • Obama_Sham
      Posted on November 28, 2011 at 8:46am

      @Oldphoto

      “Should the US be made to sell our reserves too?”

      You have to be part of the 53% in order to say “our” reserves… Sorry… You don’t qualify…

      Report Post » Obama_Sham  
    • Athinkerinaseaoflibs
      Posted on November 28, 2011 at 8:57am

      The problem is they are talking Trillions of dollars. Even if they sell it all, it won’t fix the problem. To fix the problem, we will have to figure out where the Trillions went. It didn’t go to welfare reciepients $500 at a time. Somewhere there has to be a group of people who are laughing very hard

      Report Post »  
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