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These countries have the largest gold reserves in the world


yota691
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Economy News Baghdad: gold is a safe haven for investment when faced with economic market turmoil. But what are the countries with the largest gold reserves in the world? The World Gold Council published this month reveals a report which states shares of the total gold reserves in the world. The United States topped the list of countries reserves amounted to 8.133 thousand tons, and replaced Germany in second place B3.337 thousand tons, and Italy ranked third B2.451 thousand tons, came fourth to the tenth salaries as follows: France B2.435 thousand tons, China by 1. 842 thousand tons, Russia B1.655 thousand tons, Switzerland B1.04 thousand tons, Japan B765 tons, the Netherlands B615.2, India B557.8 tons. On the level of Arab countries, Saudi Arabia Vtsdrt list B322 tons of gold and won ranked 16th globally, came the order of the Arab states are as follows:



 

The Arab world to classify

Country

Tons of gold

Category globally

1

Saudi Arabia

322.9

16

2

Lebanon

286.8

18

3

Algeria

173.6

25

4

Libya

116.6

31

5

Iraq

89.8

37

6

Kuwait

79.0

39

7

Egypt

75.6

41

8

Jordan

43.9

47

9

Syria

25.8

55

10

Diameter

25.4

57

11

Morocco

22.0

59

12

The United Arab Emirates

7.5

74

13

Tunisia

6.8

78

14

Bahrain

4.7

85

15

To whom

1.6

99

 
 
Views 217   Date Added 04/29/2017 - 18:31   Last updated 29/04/2017 - 20:21   No. Content 7347
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These appear to be pretty fair numbers. Iraq bought 26 tons in 2012 and another 36 in 2014. So, their numbers look about right. The US has always claimed to have 8000+. But after Greenspan's strong dollar policy in the 90's, it was rumored that a lot of it was sold off into the market. some claim that the US counts what it has in the ground as part of the 8000, labeled as "Deep Reserves". 

However, as it often occurs, we only know what is reported.

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4 minutes ago, MEP01 said:

These appear to be pretty fair numbers. Iraq bought 26 tons in 2012 and another 36 in 2014. So, their numbers look about right. The US has always claimed to have 8000+. But after Greenspan's strong dollar policy in the 90's, it was rumored that a lot of it was sold off into the market. some claim that the US counts what it has in the ground as part of the 8000, labeled as "Deep Reserves". 

However, as it often occurs, we only know what is reported.

So true but yet we guilt until proven innocent when dealing with the IRS.  Just what they want us to know and no questions or verification.  

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