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Thread: Citizens in Germany...own over 8900 TONS of gold.

  1. #1
    Iridium
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    Citizens in Germany...own over 8900 TONS of gold.

    That amounts to over 4 ounces owned, per adult person. Wow. Very good article with lots of stats on this.

    https://www.zerohedge.com/news/2019-...nys-population

    While the Chinese and Indian populations are well known for their insatiable appetite for importing, buying and hoarding physical gold, there is one market in the West that does likewise but which flies under the radar slightly, garnering less attention than China and India. That gold market is Germany.

    Although German citizens are known for their fondness for holding gold, the vast size of the German populationís gold holdings was clarified recently in a newly published survey commissioned by Reisebank, a bank active in the German precious metals market.

    The survey, conducted by the Research Center for Financial Services (CFIN) on behalf of Reisebank, found that German adults currently own a staggering 8918 tonnes of gold, worth about Ä 330 billion at current Euro gold prices. Note, this figure is gold held by private citizens in Germany and does not include the gold reserves of the German central bank, the Bundesbank, which amount to an additional 3370 tonnes.
    life is good.

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    .999 Unobtanium Horn's Avatar
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    Re: Citizens in Germany...own over 8900 TONS of gold.

    While that may be true, few hold any of it.

    What was Ponce signature?

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    Dangerous Donald Neuro's Avatar
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    Re: Citizens in Germany...own over 8900 TONS of gold.

    Now they just need to go full Hitler on the bankers and change their gold into silver...
    Cultural Marxism: -The idea that good, hard working, white people should pay for those who are not, and thus in the name of equality create the conditions for their own genetic annihilation

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    .999 Unobtanium Horn's Avatar
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    Re: Citizens in Germany...own over 8900 TONS of gold.

    Quote Originally Posted by Neuro View Post
    Now they just need to go full Hitler on the bankers and change their gold into silver...
    Today there is more a chance that Mexico would do that, and all allies hate them too.

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    Gold C.Martel's Avatar
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    Re: Citizens in Germany...own over 8900 TONS of gold.

    Quote Originally Posted by Horn View Post
    While that may be true, few hold any of it.

    What was Ponce signature?
    Some Germans are known to stash 500 euro banknotes under their mattresses. Gold coins may be in the mix.

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