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Visualize: All The World's Gold

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Tue, 01/10/2012 - 09:53 | 2049824 sudzee
sudzee's picture

Officially held gold chart needs questioning:

If the Netherlands admits it only actually holds 1/3 of its physical gold in country, then 2/3 is on paper.

If Germany says 1/2 of their physical gold is in country, then 1/2 is on paper.

If ETF's are only a proxy for " the price of physical" where is the physical.

If all other countries physical holdings are somewhere else, then where is that somewhere else.

Has the physical, over the past 100 years, made its way to the Indian population. Is India the greatest fear of all central banks?

 

 

Tue, 01/10/2012 - 10:39 | 2049966 Shell Game
Shell Game's picture

A regular commentor on the FOFOA site said that ~70% of the world's gold is stored in NYC vaults. This is the basis for Jim Rickard's tweets a couple months back that 'Germany will never see its gold.'  By holding (read: comandeering) 70% of the world's gold, the US has the leverage to dictate a new world currency, and n.w.o. 

Tue, 01/10/2012 - 13:56 | 2050812 Urban Redneck
Urban Redneck's picture

70% of the worlds gold is not in NYC.  It never has been, and there is question as to whether the NY Fed still has all the gold it claims to.  There have been ebbs and flows ever since the ww2 hoarde was built, but the general direction has been out of NY.

Tue, 01/10/2012 - 13:43 | 2050759 NotApplicable
NotApplicable's picture

Likely all claimed by Wall St. banks, a dozen times over.

Tue, 01/10/2012 - 09:34 | 2049784 HoofHearted
HoofHearted's picture

Although we all want to get giddy on these up days, remember that it is best to just keep going about our business. Some of us used to own gold and silver until that awful boating accident. Others of us went to Bartertown and spent our gold on drugs and hookers or some really bitchin' motorcycle that we promptly wrecked. We're not as anonymous as we would like to be, even here on ZH. It's nice to say "We told ya so," and we did, but it's best to not make too big of a scene. Sure, we're all armed and all, but the best battle is one you never have to fight.

Tue, 01/10/2012 - 11:05 | 2050068 mess nonster
mess nonster's picture

I lost all my gold when I was double-crossed by that low-down back-stabbin' varmit, that wascawy wabbit...thufferin' thuccatath!

Tue, 01/10/2012 - 09:17 | 2049756 Chrikus van der...
Chrikus van der Rockhuizen's picture

so that means i own about 1/8,000,000th of the world's gold from all my CFD positions. I'm going to be rich when all the CFDs sell out

Tue, 01/10/2012 - 09:10 | 2049741 Crisismode
Crisismode's picture

BOLD, gitchez.

Tue, 01/10/2012 - 09:40 | 2049777 margaris
margaris's picture

Be BOLD!

HOLD your GOLD,

dont listen to what you are TOLD,

or you'll be SOLD!

 

Tue, 01/10/2012 - 08:31 | 2049681 Squishi
Squishi's picture

why do economists at new york times hate gold? is missing

Tue, 01/10/2012 - 13:19 | 2050671 pirea
pirea's picture

because they are paid to do so

Tue, 01/10/2012 - 10:24 | 2049926 GOSPLAN HERO
GOSPLAN HERO's picture

Gold, bitchezoids!

Tue, 01/10/2012 - 10:47 | 2049997 GiantVampireSqu...
GiantVampireSquid vs OWS UFC 2012's picture

Velocity of gold 0.024 per year.  Greshams Law Bitchez

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