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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: NOW who wrote (110848)6/30/2001 9:32:29 AM
From: craig crawford  Read Replies (1) of 436258
 
>> could you link me to any discussion of total central gold reserves that is not a guestimate.thanks... <<

you're just as capable of doing a search on the internet as i am. try the usgs.gov website. from what i've read approx 31% of the above ground gold in the world is held by central banks--around 34,000 tons. the deficit between production and demand each year is only around 600 tons. even though a significant portion is loaned out, there is still plenty to supply the market should central banks decide they want to unload.
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