Activity Lesson 3

Bitcoin Monetary Revolution
#1741

Greece 114 Tonnes.

USD value = $6.7bn

#1742

Serbia 36,04 T of gold.

1T of gold currently is $52.37 Million,
hence Serbia’s gold reserve is valued at $1.887 USD billion.

#1743

50billion worth of gold in dollars.
1040tonnes of gold.
Switzerland

#1744

United States holds 8133 Tonnes as of Mar’21.

8133 tonnes = 261,475,950 ounces x $1,816 per ounce = $474,840,325,200 USD value

#1745

The US holds 8,133 tonnes with a current USD value of $525,133,840,000.

#1746

Then total tonnes of Gold in the U.S.A. is 8133.53

The total value of Gold in the U.S.A. is 4.30661e11T

#1747

In Australia :australia: the RBA holds 79.85 tonnes of gold.

Equivalent to 2,816,628.9 ounces.
This equates to:

$6.846 Billion AUD, or
$5.062 Billion USD

Compared with the total money supply of:
$1497 Billion AUD

The gold reserves held by the central bank in relation to the money supply is 0.46%

Yep, come a long way from the gold standard…

1 Like
#1748

104.000 Kg - Romania
6.000.176.000 USD

#1749

8133 tons of gold for the United States, USD value of $525,133,840,000.

#1750

Malaysia 2,248,162,905.60 Gold value in USD

#1751
  • South Africa
    • 125 tonnes
      • $57 897/kg
      • $57 897 000/tonne
    • 125t x $57 897 000/ t = $7 237 125 000.00
#1752

At the moment, the Netherlands holds 612.45 tonnes of gold in its reserves.
Twenty years ago it was over 900 tonnes so I wonder where one third of our supply went…

The price of one ounce of gold in Dollar is now: $1792,15
21603540 (ounce) x 1792,15 = 38.716.784.211 dollars worth of gold.

1 Like
#1753

Nigeria; 21.46t is approximately valued at $1,167,424,000.
LOL, I don’t believe it.

1 Like
#1754

country: Sweden
amount: 126 tons
value: $7 241 976 000 (September, 2021)

1 Like
#1755

Philippines. 156 tons. Approximately, $9,832,302,979.2. Only now I’m aware that the country had such an amount of gold.

#1756

21Tonnes of Gold…hmmmmmmmmmmm

#1757

Romania 104 tones of Gold.
Todays price of one tone of gold is $64.3 million dollars.

104 x 64.3 = 6.687 billion dollars

#1758

Portugal
383 Tons
$686.925.820,00

#1759

USA: 8133 tones of Gold.
I couldn’t find how much gold was for a ton so i made my own math. there are 16 oz. in a lb., and there are 2k lb. in a ton.16 * 2,000 = 32,000. So 32,000 oz fit into 1 ton. 1 oz of gold is equel to $1,796.00 right now. so $1,796.00 * 32,000 = 57.47200 million US$ per ton. US has 8133. So 8,133 *$57,472,000 = 467,419,776,000. Or 467.419776 billion US$

#1760

121 tons

6.8 billions of USD