Activity Lesson 3

Cyprus $800,640,000 reserves of gold

The Slovenian central bank holds 3.2 tons of gold, worth 195,171,874 USD.

The United States currently holds 8133.5 tonnes in reserves. This is currently equal to $496,688,766,423.93.

8134 tons.
530 Billion dollars.

Sweden
126 x 32,000 (ounce) x $1899= $7,656,768,000

U.S currently holds 8,134 metric tons of Gold

1 ton is worth about $64.3 Million at $2,000 an oz.

64.3 * 8134 = $523,016.2 Million Dollars

The US currently, it is estimated, has 1/2 Trillion in Gold Reserves.

2020/10/18
South Africa = 125tonnes
Gold price = 61055.55ZAR EDIT p/kg
Dollar/Rand = R16.55

126 308 669 052.50ZAR in gold

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Alright, so this is absolutely hilarious and I would love to hear your opinions on it. Canada has ZERO gold reserves. Will they be choosing Bitcoin over Gold for The Great Reset?

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The Netherlands
612 Tonnes of Gold = 19 584 000 Ounce of Gold
*19 584 000 Ounce of Gold * = $37,187,372,160.00

UK has 310 tons
which is 281,227 kg x $61,070 (per kilo)

= $17,174,532,890

USA - 8,134 tonnes
1 tonne = 35,274oz
35,274 x 8,134 = 286,918,716oz
Current price of gold 10-19-20 = $1901.00
286,918,716 x 1901 = $545,432,479,116

Syria has 25,8 tonnes of gold
Worth in USD 1,591,160,820

Portugal:

382 tonnes

Which is approximately 23.5 billion USD @ 1912 $/Oz

I am in shock! Canada = 0 gold reserves

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Sweden: currently holds 126 tonnes of gold
Current value in USD: 126 x 1 000 x 61 157 = 7,7 billion USD

Using the website below, find out how much gold your country’s central bank currently holds in its reserves.
https://tradingeconomics.com/country-list/gold-reserves
Post the amount in tonnes and calculate the total current value in USD.

Brazil: 67.4 tonnes
67,4 t = 2.156.800 oz X 1902 US$/oz = USD4.102.233.600 (4,10 trillion dollars)

SVK 31.7 tonnes of gold = 1118184.5938 ounces of gold = 2 124 550 728,22 USD

Unfortunately for us Canadians… 0 Gold.

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Guatemala at 6.90 tonnes
value == $$443.5 Million

Romania: 104 tones: 6.4 billion USD