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To: Worldtraveler once upon a time; delta7

- “For the first time since 1996, foreign central banks hold more gold than U.S. “

You misquoted the article. Seems quite intentional.

Care to explain why?


26 posted on 08/30/2025 11:09:55 AM PDT by misanthrope (Deranged, sinister, deplorable troll)
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To: misanthrope
--- "Care to explain why?"

Just truncated sentence....

As to the remainder of my comment, any concerns? I'll reprise it, and amend the truncation:

An interesting assertion begins this article. But consider, our United States is 1) about four percent of the population of the globe, 2) based on various sources, about 30 percent of the global debt, and 3) about 25 percent of the global GDP or PPP, as one chooses to view things.

Nowhere in the above comparative and VERY approximate numbers, is this nation greater than half of anything. Therefore, the first sentence is silly, silly, silly. That the "foreign central banks hold more gold than U.S [ Treasuries ]" -- the remainder of the world -- should be no surprise to anyone.

The bottom of this website's splash page states the MEDIA company's address is:

P.O. Box 2599 ยท Eagle, ID

Interesting, then, that this site wants your CURRENCY by selling METALS through its site.

It's M A R K E T I N G.....

Mike Maharrey and Money Metals in Eagle, Idaho, will sell you gold today, if you buy in USD currency. So it's a margin thing, changing over time. They will also store it for you, for a fee. They will also buy your gold at a different price, since the buy and sell offers always have a nice differential, which is where the money is.
Selling Gold, Silver, Platinum & Palladium to Money Metals Exchange
As to which foreign nations "hold" our Treasuries --
Top 15 Largest US Treasury Holders in 2025: Who Owns America's Debt?

Working down from the top -- 1) Japan, $1.3 T; 2) UK, $0.8 T; 3) China, $0.76 T; 4) Cayman Islands ( yup ), $0.45 T; 5) Belgium, $0.4 T; 6) Luxembourg, $0.4 T; 7) Canada, $ 0.37 T; and so on.

But most U. S. Treasuries are held by us, it turns out. About 75 percent, various sources estimate.

Hope that explains my comments.

27 posted on 08/30/2025 11:56:44 AM PDT by Worldtraveler once upon a time (Degrow government)
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