Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Ilaine who wrote (14712)	2/9/2002 10:17:55 PM
From: Moominoid	Read Replies (1) of 74559

The United States Treasury holds roughly 25% of all the gold ever mined in the world - but I think it's only 8,600 tonnes, and all the gold in the world is about 125,000-130,000 tonnes. You are right on the US - I just checked and it is 8135 tonnes. But it can't be 25% of all gold ever mined as about 2000-2500 tonnes is mined each year currently. and 25% of your 125 Gg (:)) is 30000 tonnes. David

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