15 Countries That Are Making A Fortune On The Surge In Gold

[MNeagle]

15 Countries That Are Making A Fortune On The Surge In Gold

Read more: http://www.businessinsider.com/countries-benefitting-from-the-gold-spike#ixzz0nj6kvpeB




Once again, gold is going nuts, as every government is printing money, and threatening their stability by spending so much money.

But it's not bad news for everyone. Governments with big stores of gold are raking in the profits.

Based on the March 2010 report from the World Gold Council we've ranked the countries that have the most gold as a percentage of their reserves.

Click to see the governments that control gold >


Read more: http://www.businessinsider.com/countries-benefitting-from-the-gold-spike#ixzz0nj6v9eDJ


click link for slideshow

[undgrd]

Relative of TA?

[MNeagle]

& of course, the question begs, are the numbers legit?

I suspect not, especially for USA.

[Neuro]

& of course, the question begs, are the numbers legit?

I suspect not, especially for USA.

The audiots are not going to look at the Federal Reserves gold painted Tungsten bars, so you might as well assume that USA has all the gold they say they have... As far as I understand it Germany allows their 'gold' to be kept at a safe distance from themselves in the US, so their IOU is worthless. IMF gold is also stored in the American dream, and they refused to sell 200 tons to Sprott, probably because they have a hard time locating where in the dream the gold is stored... Probably they will announce that they will sell the IOU at COMEX anyday now...