The Top Ten Countries With LARGEST Gold Reserves | The Exchange Podcast | EP. 32

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  • čas přidán 29. 06. 2024
  • The Top Ten Countries With LARGEST Gold Reserves | The Exchange Podcast | EP. 32 discusses the worlds largest gold reserves. This top ten list of the largest gold reserves will probably surprise you. Many people always talk about the importance of stacking gold and cite how various countries are stockpiling gold.
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    The Top Ten Countries With LARGEST Gold Reserves
    www.forbesindia.com/article/e...
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Komentáře • 48

  • @mykittenisagrandmaster4381
    @mykittenisagrandmaster4381 Před 26 dny +10

    Gold is without a doubt one of the most valuable precious metals and probably the most purchased and owned by countries and people

  • @cheaplaughkennedy2318
    @cheaplaughkennedy2318 Před 26 dny +6

    8,100 tons of gold ( supposedly) and nearing a quadrillion in currency derivatives , endless amounts of debts.

  • @kingglizzer
    @kingglizzer Před 26 dny +8

    This was fun. Matt learned French from Pepe le Pew, interesting. 🤣USA may have the largest gold reserves on paper, but does it physically exist or is Fort Knox mostly empty? Is it strange that every bill to audit the gold reserves has failed? Hope you guys have a great Independence Day week.

  • @bigdaddyhoffman1911
    @bigdaddyhoffman1911 Před 25 dny +1

    You guys didn't mention all the gold at the end of the rainbow. Lord Have Mercy, Get In The Game! Thanks for the pod cast Andrew and Matt. Keep up the good content and as always 👍👍👍the video. Happy 4th of July!.........Life is good.......God Bless

  • @natemr4482
    @natemr4482 Před 26 dny +4

    Great podcast Andrew and Matt have a great week happy 4th of July next week 👍

  • @TLstack600
    @TLstack600 Před 26 dny +3

    Excellent Information!! That was quite interesting guys!! Great job!!

  • @steveg5576
    @steveg5576 Před 26 dny +5

    I'm going to guess most of the USA gold is native -- from the ground. Others not so much ?

  • @jackosullivan6951
    @jackosullivan6951 Před 25 dny +3

    I read Turkey is buying at a faster rate than any country the last 3 years.

  • @MUDSWAT
    @MUDSWAT Před 26 dny +3

    Did you know all the gold mined on earth. Could fill the same area of about the size of a large apartment complex. So to own a piece of that you're pretty special to own gold.

  • @milessakauye8819
    @milessakauye8819 Před 26 dny +4

    Everyone is talking about the BRICs, I don't know how they will get a common currency if they don't have much gold.

  • @groovyartandwatchesllc
    @groovyartandwatchesllc Před 23 dny +1

    Awesome info mates!!

  • @coryhilleboe6938
    @coryhilleboe6938 Před 26 dny +3

    Fort Knox hasn't not been audited in God knows how long. Most people say it's been leased out

  • @TheQuickSilver101
    @TheQuickSilver101 Před 26 dny +4

    Germany did sell off some gold recently. As for Canada they sold off 100% of their gold reserves and less than a decade ago they sold off the last of the old circulation gold coins that they had so they have nothing other than what they use for minting gold coins for sale

    • @EmpirePreciousMetals
      @EmpirePreciousMetals  Před 26 dny +1

      Yikes! Why???

    • @gerardanderson4628
      @gerardanderson4628 Před 26 dny +1

      @@EmpirePreciousMetals , good question, follow the money, Gordon Brown sold half of the UK’s gold reserve, approx 325 tonnes, at the turn of the century. The more you research, the deeper the rabbit hole, good luck, lol

    • @TheQuickSilver101
      @TheQuickSilver101 Před 26 dny

      @@EmpirePreciousMetals Canada sold their gold because it was "an anachronism" and they made it clear that the only real form of money is what the government produces as money. That is of course BS but that's what they claimed.
      As an amusing side note they sold off the last of their reserves at literally the bottom of the market in the very early 2000s

  • @amr8457
    @amr8457 Před 26 dny +4

    We don't have 8,100 tons of gold i can guarantee it. Central Banks sold it all, or a large portion of it, during the 08 crisis to keep everything alive.

  • @starstacker1
    @starstacker1 Před 26 dny +3

    Keep in mind, that is what they report......reality i am sure its different.
    Thanks for the pod cast! Great job! Happy 4th of july!!!

  • @kylebrooks4147
    @kylebrooks4147 Před 24 dny +3

    Wrong. Countries have been taking back their gold that the U.S. holds. Fed won't disclose the amount we have that is dwindling also due to rehypothecation.

  • @sinesaii
    @sinesaii Před 26 dny +6

    Many countries liquidated their gold holdings to get their national debt lower to join the Euro in the late 1990’s.

    • @hc7760
      @hc7760 Před 21 dnem

      😢yes 😢2:31 😅i😮😅😅😮😊😊f😮jj❤😢😢😅 😢o

  • @briankerr4512
    @briankerr4512 Před 26 dny +2

    I'm not telling you how much silver I have ;)

  • @rzhunzhu1066
    @rzhunzhu1066 Před 26 dny +3

    👍👍😀👍👍

  • @JimWemm-ql1ge
    @JimWemm-ql1ge Před 26 dny +2

    💰🤑💰🍻

  • @stephenbassett9451
    @stephenbassett9451 Před 26 dny +2

    Germany had to pay USA for ww2 and just recently finished paying the debt off

  • @noamavrahamdudai8306
    @noamavrahamdudai8306 Před 26 dny +3

    Israel?my country?
    monster box of 500?😂😂😂😂

  • @veritasfiles
    @veritasfiles Před 26 dny +2

    Got 8 out of 10 right.

  • @brianstone4302
    @brianstone4302 Před 26 dny +3

    Yeppers Germany wanted there gold back and we didn’t have their gold that they stored.We also gave back in different bars installments smh.Silly of you to think it’s a conspiracy,you deff lost smart points with me.

  • @mmartinez9764
    @mmartinez9764 Před 24 dny +1

    Just wait until they want gold to trade with, who do you think they steal it from? Religion

  • @Vacationtime247
    @Vacationtime247 Před 26 dny +4

    Italy at #3 surprised me, didn't know they'd be so high up on the list. So, I looked this up to verify and see the numbers. Found this interesting. Mario Draghi, the former Bank of Italy governor and European Central Bank governor, when asked by a reporter in 2013 what role gold plays in a central bank’s portfolio, answered that the metal was “a reserve of safety,” adding, “it gives you a fairly good protection against fluctuations against the dollar.”
    VT247

    • @brianstone4302
      @brianstone4302 Před 26 dny +1

      What’s VT247?

    • @Vacationtime247
      @Vacationtime247 Před 26 dny

      @@brianstone4302 Vacationtime247, my user name. Some people put their name, I put my username initials. : )
      VT247