As long as taxing, spending, and printing are the order of the day, holding onto some gold is necessary.
Seems like there is less here then the headline promised.
The US is still #1?
Prove it. LOL.
10 Countries Hoarding Enormous Stockpiles Of Gold Tungsten.
Fixed it.
For those of us who don’t have the time or inclination to click through to this excellent site:
#1 United States, 8,133.5 tonnes
#2 Germany, 3,391.3 tonnes
#3 Italy, 2,451.8 tonnes
#4 France, 2,435.4 tonnes
#5 China, 1,054.1 tonnes
#6 Switzerland, 1,040.1 tonnes
#7 Russia, 934.9 tonnes
#8 Japan, 765.2 tonnes
#9 Netherlands, 612.5 tonnes
#10 India, 557.7 tonnes
Those are “official” holdings, I’d bet India and China have twice as much in private hands.