Activity Lesson 3

310 tonnes uk reserve

@ £30,000 000 per tonne (bullion by post ) = 9.3 billion

USD conversion x 1.35 at today’s exchange rate

12,555,000,000 USD

Portugal 383T value 25.371.671.076,00 USD.

Lmao how are our calculations so different

because everyone is different ig idk 🤷

77.480$:canada::canada::canada: per key :key: add it up atm price yup fuck gold lol bitcoin will be king :crown:

According to that website Canada holds Zero gold. Looks like the Government might hold more Bitocin then Gold LOL

Price per Kg £44896.17 atm

1000Kg per Tonne

310000Kg total

44896.17 x 310000 =

£13917812700 atm

X

The number of tonnes and calculate the total current value in USD (As of Dec. 21, 2020)
PH: (190 Tonnes = 6,702,053 per ounce)
Then, multiply the total current value in USD = 1,876.70
Total Value: 12.5B per ounce or 11.4B per kilograms

Interesting!

Post the amount in tonnes and calculate the total current value in USD. USA has 8133 Tonnes = 258,641,878.085 Fine Troy Ounces @ $10,920,429,099.23 Book Value

belgium 227 tonnes
1kg current price 60.353 dollar
60.353 x 227000 = 13.7B

The Bahamas has no gold reserves, for the proposes of this exercise I have used the gold reserves of The Dominican Republic:

(32,000.00 *.57) * $1,869.65 = $34,102,416.00

Germany total amount in tonnes = 3362t

3362t = 3362000kg
Current gold price per kg = 60.362,38 USD

3362000*60.362,38 USD = 202.938.321.560 USD

Bulgaria-40.38 tonnes
1kg=60,245usd

40830kg= 2,459,803,350

USA - 8134 TONS=260,256,000 oz.x $1878/oz= $488,760,768,000 value on Dec 23/2020

6.84T or $1,167,801,142.96

Lithuania: 5.82 tons = $351,458,160

Canada: 0.0 metric tonnes
1 tonne = 32,150.75 troy ounces
1 troy ounce spot price = $1879.00 USD
0.0 tonnes x 32,150.75 troy ounce/tonne x $1,879 USD/troy ounce= $0.00 USD total current value
= Canada has a completely incompetent government.

The amount of gold in tonnes in the United States is 8133 as of September 2020. The total current value of 8133 tonnes of gold is $66.269 million.

The United States currently holds around 8133 tonnes of gold in the central bank.

The united States holds around 8133 tons of gold in the central bank. Value in dollar is $444,517,248,000.