Activity Lesson 3

Bitcoin Monetary Revolution
#1505

8133.46 Tonnes - 286,899,400oz x $1,743.52 = $500,214,841,888 USD

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#1506
  1. Colombia. 4.14 Tonnes. $265000.
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#1507

US - 8,133 tonnes of Gold; Conversion = 286,883,100 ounces.
AT ~ $1700/oz, the US possesses approximately $487,701,270,000 worth of Gold (Au).

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#1508

US Central Reserve = 8133 Tonnes.
Current Values = $459,690,172,800.00 ~ 459B at $1766.30/oz

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#1509

79.85 tonnes
$4,525,628,107.00

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#1510

My Canadian Central Bank currently holds ZERO gold reserves at ZERO USD!!
For a country with gold mines, it is appalling that we have NO GOLD RESERVES! Such a shocker!!

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#1511

If we assume that the numbers in the chart are presented in metric tonnes, then my country, Ukraine, currently has 26.13 tonnes of gold which is 921708.63 oz multiplied by the current price of gold $1777.29 = $1.64 billion

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#1512

India:
Gold Reserves: 677 Tonnes
In USD : 38,667,396,600

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#1513

0 tonnes - 0 USD (Canada)

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#1514

Sweden 126 tons
57 mUSD × 126 = 7 billion usd

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#1515

The US currently holds 8133 tons of gold and as of Apr 16, 2021, the price of a metric ton of gold is $56.79 Million= total value of gold that the US holds in its reserves $462 billion

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#1516

Australia - 79.85 tonnes - $4,542,546,725

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#1517

we have no reserve for Gold. so the value in USD is $0

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#1518

we (Nigeria) holds no reserve for Gold. so the value in USD is $0

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#1519

Using the website below, find out how much gold your country’s central bank currently holds in its reserves
Post the amount in tonnes and calculate the total current value in USD.
United States 8134 Tonnes 523B USD

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#1520

The U.S. has 8134 metric tons

286,918,716 ounces of gold at $1745.40 per ounce is $500,187,926,906.40 -Total value of gold

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#1521

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.

Portugal currently has 382.57 Tonnes, which corresponds to $21.874.315.778,12

We are poor, I know… :expressionless:

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#1522

8133 tonnes for the US @ 1776 an oz. Translates to $510,078,759,900

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#1523

Australia
79.85 tonnes
USD 4.5 billion

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#1524

Spain 282 tonnes
16.157.754.000 $

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