News These countries are hoarding the world's gold

Discussion in 'The Howard Stern Show' started by rory, May 14, 2015.

  1. rory

    rory Well-Known Member

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    [​IMG]

    (YouTube/The Secret World of Gold) The World Gold Council is out with its latest report on gold demand.


    In the first quarter, demand dropped by 11 tonnes, or 1%, year-over-year.

    "Top-line demand was broadly neutral — down just 11t (1%) despite substantial underlying differences across geographies and sectors," the report said.

    "Pockets of strength in jewelry were balanced by weakness elsewhere as demand responded to local conditions in each market. Higher volumes in India, the US, and the smaller Southeast Asian markets were set against declines in China, Turkey, Russia, and the Middle East."

    On Thursday, gold continued its rally after breaking above the key $1,200 level on Wednesday.

    Gold rose to as high as $1,223 an ounce, its highest level in three months.

    And so with gold demand broadly neutral, this chart shows which countries are holding the most gold:[​IMG]
     
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  2. Murcielago

    Murcielago Smoke me a kipper, I'll be back for breakfast

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    Surprised the Guidos have so much.
     
  3. dawg

    dawg In The Dog House Staff Member

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    When you say country you mean a few elite people right? Because neither you nor I have access to those bars.
     
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  4. dawg

    dawg In The Dog House Staff Member

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    We have paper money created out of thin air. No Gold backs it up.
     
  5. Avery

    Avery Well-Known Member Banned User

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    I used to work at this building. The Diamond Tower on 5th.



    The application submitted by Brink's, Inc. and Brink's Global Services USA, Inc. for licensing its facility at 580 5th Ave., New York, NY for storage of the respective NYMEX and COMEX Gold, Silver, Platinum, and Palladium contracts meets the requirements of the Exchanges.



    BACKGROUND INFORMATION



    Brink's Global Services USA, Inc. is a wholly owned subsidiary of Brink's Inc. The Brink's Company, which owns Brink's Inc., was founded as Brink's City Express in Chicago in 1859, and has been in operation for 150 years. Currently, it is based in Richmond, Virginia. Starting as an armored transportation service, it evolved to expand its operations to include precious metals storage in the late 1990s. Brink's has been operating Licensed Depositories approved to store precious metals against the Exchanges' Futures Contracts for 10 years. Brink's international network operates about 875 facilities and services customers in over 50 countries. It is estimated that it employs approximately 59,400 employees.



    NAME AND ADDRESS OF APPLICANT



    Office Location



    Brink's Inc. and Brink's Global Services USA, Inc. Suit400
    580 Fifth Avenue
    New York, NY 10036



    There was this random elevator that no one was allowed to go on and was guarded... that only went down. There is supposedly underground tunnels between various NYC buildings that transports the gold from place to place during audits, to fraudulently show that they have more gold than they actually have.
     
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  6. FishySausage

    FishySausage Original Nuttah VIP Gold

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    I'm pretty sure you can actually buy gold bricks. (Providing you have half a million dollars ;) )

    [​IMG]
     
  7. rory

    rory Well-Known Member

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    they talk about the underground tunnels here...I think the Rockefellers own JPM and Chase, so it's mostly likely them fooling auditors.
     
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  8. Tinman

    Tinman Well-Known Member

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    Well, 7 million gold chains do add up.:cool:
     
  9. SorryBoff

    SorryBoff Well-Known Member

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    There are 286,900,770 ounces in 8,133.5 metric tons (tonnes). At $1,223 for an ounce of gold comes to $350,879,641,710.

    We could sell it all and not make a dent in the national debt.
     
  10. HorsetoothBeth

    HorsetoothBeth Well-Known Member

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    Germany melt all those gold teeth into bars?
     
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  11. LaserT

    LaserT You have to have fun. Gold

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    Gold means nothing if there's a real disaster. You might as well hoard aluminum or tin. :c
     
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  12. Roland Schwinn

    Roland Schwinn *Likes reported as of October 14, 2016 Gold

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    I question the validity of this data. For instance, i don't see Canada on there, and well...


    [​IMG]
     
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  13. newcastlefan

    newcastlefan גֵּרְשֹׁם VIP

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    ^This

    In a real disaster the ability to make things will be far more valuable. the ability and knowledge to grow enough crops in the summer months to feed your family, etc. the other months will be in demand. being able to butcher an animal will get you a harem. gold will be useful to make trinkets for the kids.
     
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  14. LaserT

    LaserT You have to have fun. Gold

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    A couple cans of soup will be worth something big. A huge gold bar will be worth... nada.
     
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  15. kippy

    kippy Not Safe For Women VIP

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    Gold was a desirable metal longer before paper money was in use. In a real disaster paper money will be worth zilch. Gold will always retain some value.
     
  16. NiggalissCage

    NiggalissCage Well-Known Member

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    Retards who think that when the shit hits the fan they will be able to get food, water, or medicine with silver or gold are in for a serious shock.

    Food, water, medicine, as well as guns and ammo will be the new currency. Hell, I may even shoot one of them guys and take their gold.
     
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  17. dawg

    dawg In The Dog House Staff Member

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    This is how you will acquire food and water during a disaster.

    [​IMG]
     
  18. Avery

    Avery Well-Known Member Banned User

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    h

    :lol: look at these two.

    They let a blip replace the historical knowledge that gold is money, and are proud of it. :jj:
     
  19. LaserT

    LaserT You have to have fun. Gold

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    Hey, not saying gold is not worth anything. I was just making a joke that gold will be worth nada if there a big disaster. How will gold get you anything during a big disaster?

    When did a comet, asteroid, massive tidal wave, etc happen in recent history?
     
  20. LawyerLarry

    LawyerLarry Mr. Fuckmoney in the Bank VIP

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    I've got more gold than you've ever dreamed about in your life around my waist, jabronis!
     
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