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Old 03-20-2013, 05:16 PM   #1
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Lightbulb List of Per Capita Official Gold Holdings

I just had discussion with somebody about the importance of per capita gold reserves.
I was really surprised to find out that Lebanon is second after Switzerland

Data is as of late 2010
source: http://www.prudentinvestor.com/2010/...cial-gold.html

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Old 03-21-2013, 06:06 AM   #2
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Well, those numbers assume the official holding figures reflect reality - an assumption that might not be valid in today's rehypothecated to the nth degree world. Also, at least for the USA, Sprott says export numbers don't make sense...

Isn't the ratio of gold to the country's money supply a more important metric?
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Old 03-21-2013, 12:32 PM   #3
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Originally Posted by PMBug View Post:
Isn't the ratio of gold to the country's money supply a more important metric?
I partially agree, but in fiat monetary crises the ratio tends to fluctuate wildly in favor of gold. The per capita ratio is the ultimate shtf metric imho, things like storage locations and the credibility of official numbers aside.
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Old 03-21-2013, 07:51 PM   #4
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Gee, I wonder who is skewing Switzerland's per capita so high?

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