Countries which have become stronger economically have not accumulated gold till recently but now as European nations are selling gold, they are buying it and making their position strong.
Foreing exchange reserves of countries and what percent of the amount is in Gold holdings . courtesy Peter Schiff's speech:
Cyprus 1.1 billlion 58%
Greece 7.1 billion 82%
Portugal 22 billion 90% in Gold
Spain 50 billion 30% in Gold
Italy 175 billion 72% in Gold
France 179 billion 71% in Gold
Slovakia 2.5 billion 68% in Gold
Netherland 53 billion 60% in Gold
Belgium 30 billion 39% in Gold
China 3.3 trillion 2% in Gold
Japan 1.25 trillion 3% in Gold
Saudi 627 billion 3% in Gold
Russia 527 billion 9% in Gold
Swit 522 billion 11% in Gold
Taiwan 423 billion 6% in Gold
Brazil 373billion 0.5% in Gold
South korea 327 billion 1% in Gold
Hong kong 304 billion 0% in Gold
India 290 billion 10% in Gold
Singapore 259 billion 3% in Gold
Thailand 179 billion 4% in Gold
Malaysia 140 billion 1.5% in Gold
Indonesia 105 billion 4% in Gold
note : China Imported A New Record 223.5 Tons Of Gold In March 2013 (wort 10 billion US dollars)
Foreing exchange reserves of countries and what percent of the amount is in Gold holdings . courtesy Peter Schiff's speech:
Cyprus 1.1 billlion 58%
Greece 7.1 billion 82%
Portugal 22 billion 90% in Gold
Spain 50 billion 30% in Gold
Italy 175 billion 72% in Gold
France 179 billion 71% in Gold
Slovakia 2.5 billion 68% in Gold
Netherland 53 billion 60% in Gold
Belgium 30 billion 39% in Gold
China 3.3 trillion 2% in Gold
Japan 1.25 trillion 3% in Gold
Saudi 627 billion 3% in Gold
Russia 527 billion 9% in Gold
Swit 522 billion 11% in Gold
Taiwan 423 billion 6% in Gold
Brazil 373billion 0.5% in Gold
South korea 327 billion 1% in Gold
Hong kong 304 billion 0% in Gold
India 290 billion 10% in Gold
Singapore 259 billion 3% in Gold
Thailand 179 billion 4% in Gold
Malaysia 140 billion 1.5% in Gold
Indonesia 105 billion 4% in Gold
note : China Imported A New Record 223.5 Tons Of Gold In March 2013 (wort 10 billion US dollars)
Comments
deal more attention. I'll probably be returning to read more, thanks for the info!
Here is my blog - diet plan