Does the U.S. really have 8,133.5 metric tons of PHYSICAL gold?

Why won’t the government allow it to be independently audited?

Where is Germany’s 3,384.2 metric tons? They demanded it back from the U.S. vaults and were told NO.

Gold has been money for centuries. Fiat paper comes and goes and is simply based on the good faith of the country issuing it.

How much faith do you have in your government?

Can you say rehypothecation?

Over the past few days, news has emerged that Russia boosted its gold reserves for the sixth straight month in September. The 37.2 metric ton expansion, valued at $1.5 billion, took the country’s stockpile to 1,149 tons in total. How does that compare with other countries across the world?

The United States is the world’s biggest hoarder of gold by far with a stockpile of 8,133 tons. Germany has about 3,384 tons while the United Kingdom has about 310. Interestingly, gold accounts for 10 percent of Russia’s total reserves compared with 71 percent for the United States.

You will find more statistics at Statista