SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: paul ross who wrote (4039)12/9/1997 5:40:00 PM
From: Heretic  Read Replies (2) | Respond to of 116857
 
USA Today regurgitates the party line...

Gold losing status as financial safety net
usatoday.com



To: paul ross who wrote (4039)12/10/1997 3:04:00 AM
From: paul ross  Read Replies (3) | Respond to of 116857
 
I have put together these nos. from many of the links posted here and on other threads. I have referenced by number (1-8) where I got the figures. Also, I used 32,400 troy oz./ tonne as a conversion factor. All nos. for gold are in millions of troy
ounces.

...........................Millions of troy ozs.

1. TOTAL CENTRAL BANK HOLDINGS.......903.6.
...TOTAL IMF HOLDINGS................103.4
...TOTAL EMI HOLDINGS.................89.7

2.TOP 5 CB HOLDERS OF GOLD
..US.................................261.8
..GERMANY.............................95.2
..SWITZERLAND.........................83.3
..FRANCE..............................81.9
..ITALY...............................66.7

3.TOTAL WORLD GOLD INVENTORY........3858.0 to
....................................4020.0

4.TOTAL WORLD GOLD PRODUCTION (YEARLY)
...MINING.............................77.7
...MINING, SCRAP,AND RECLAIM.........122.0

5.TOTAL YEARLY WORLD GOLD DEFICIT.....32.0 to
.................48.6

6.TOTAL GOLD LOANED...................97.2 to
.....................................259.2

7.US MONEY SUPPLY.......(trillions of dollars)
..M2 (3,900,000 million)...............3.9 .
..M3 (5,200,000 million)...............5.2

8.US DEBT ..............(trillions of dollars)
...(5,400,000 million)................5.4

References:
biz.yahoo.com .............for nos. 4 and 6.

Message 1747972 ..........nos. 1,2,3,and 4.

gold.org
.....for nos. 1,4,5, and 6.

gold-eagle.com .......for no. 3.

brillig.com ...for no. 8.

bog.frb.fed.us ..for no. 7

Also, somewhere I read that the total available
of the CB 903.6M supply for lease, due to respective country constitution/laws, was about
45% of the 903.6M or approx. 450M. I was unable to relocate that reference. If someone remembers where it is could they let me know.