How much gold really exists?

[Hatha Sunahara]

I have read many accounts of how much gold has been mined and has accumulated in the hands of humans. The number is something like 150,000 tons. I've heard that this amount of gold could be contained in a cube 40 feet on a side.

There are however some people who believe that the amount of gold in existence is 4-5 times that amount, or 600,000 to 750,000 tons--all of the excess over the reported amount being owned by the Rothschilds. I also remember reading a story about a huge cache of gold that was seized by American troops in the Philippines at the end of WWII.

I was wondering if anyone here is familiar with this issue. How much gold is there really in the world. If there is five times as much as we all believe exists, what will that do to the price of gold, or to the value of gold as an investment?


Hatha

[Ponce]

No matter how many oz of gold there is above ground there is four to five times less silver.......where in the old days the ratio of silver to gold was 16/1 in the future silver will become more valuable and will be the other way around where the ratio will be of 1/16.............I still say that there is a very special use for silver that no one is awared off, even I don't know it (only suspect) but someday it will come to light.

[chad]

i'm of the camp that believes 4 - 5 times more than what they say actually exists. it's not like they ever all put it together in some big pile and counted it. i suspect there's lots of countries with little hoards from inca times or whatever that nobody knows about.

[Ponce]

Chad? you are right, the Vatica City has more gold than the rest of the world but I don't look at the ammount but what it can be used for........a glass of crude oil is more valuable than a glass of water (for now) but only the glass of water will keep you alive.

[FreeEnergy]

Hatha, I recently read "Gold Warriors, America's secret recovery of Yamash*ta's Gold" by Sterling & Peggy Seagrave. Very informative book, about WWII gold stolen and hidden by Japanese in Philippines and whatever happened to it.

Somewhere in the book they say that japan basically pillaged most of asia from about 1910 to 1945. With asians having exactly 0 trust in banks, they all hoard and hide gold and silver. So the amounts of gold recovered by japanese army were humongous. This, plus the drug money which is black market in trillions of dollars per year, part of it paid in pure gold - and I bet the actual gold can be easily 4-5 times claimed amount, if not much more.

[Shami-Amourae]

What's really important is the physical/paper ratio.

Silver: 1/100 (Physical/Paper)
Gold: 1/45 (Physical/Paper)

This should help:

http://www.youtube.com/watch?v=Bru2tVghbqw

[Hatha Sunahara]

Hatha, I recently read "Gold Warriors, America's secret recovery of Yamash*ta's Gold" by Sterling & Peggy Seagrave. Very informative book, about WWII gold stolen and hidden by Japanese in Philippines and whatever happened to it.

Somewhere in the book they say that japan basically pillaged most of asia from about 1910 to 1945. With asians having exactly 0 trust in banks, they all hoard and hide gold and silver. So the amounts of gold recovered by japanese army were humongous. This, plus the drug money which is black market in trillions of dollars per year, part of it paid in pure gold - and I bet the actual gold can be easily 4-5 times claimed amount, if not much more.


Does anybody have any idea where the 'excess' gold is? What happened to all that gold in the Philippines? And for that matter, what happened to all the gold that used to be in Fort Knox?

I just wonder if the people who are shorting gold have access to all that physical metal, and if they can keep the price suppressed forever.


Hatha

[Ponce]

Hatha...........the gold in the philippines is hiding at different places all over the hills and mountains and many treasure hunters have been looking for it.......probably there to read if you do a search.

[Spectrism]

The unknown tons of gold was most likely taken on a boating excursion- unfortunately, boating accidents happen.

Just think of the fun you could have exploring wrecks with those BP deep sea rovers. I suppose that eill never happen since BP wouldn't dare let anyone take their rovers and possibly see the still-leaking oil.

[FreeEnergy]

The book says that most of the Phillipinean gold has been recovered by president Marcos, by CIA and by japanese. Read the book , it is excellent.

The gold in Fort Knox IMHO doesn't belong to US government. In fact, if it is owned by the Fed, it is owned by a private party and could've been moved anywhere in the world. Thus, I tend to think Fort Knox has nothing but IOUs.

But there's no doubt large quantities of gold around the world. like in Switzerland. Interesting theory I have, there's been lots of talk about having a seed bank in Antarctica. They say if GMO seeds will kill normal ones, of in case of a nuclear war...if they can do that, imagine how easy and safe it is to have a gold bank in Antarctica.

There's got to be a lot, I mean A LOT of black gold because it has to support the drug trade. Which is an integral part of US and British economies (sad but true fact).