Home

 

Gold Reserve: They probably know he was doing, but what about us? PDF Print

Top 10 Countries in Gold Reserve

Large countries through the IMF's World, prohibits the use of gold as a reference currency, and even trade in a tight watch. They also diligently 'imaging' gold as a bad thing.

 

So great was their influence, to the extent that our capital market authority also had a few years ago the bandwagon to discredit gold investment by creating a bad image of gold investing. In the ad they describe a greedy mother with a pile of gold bracelets and gold teeth grinning too.

 

It seems that the big countries of the world, is practicing the same science that my nephew has 3 years of the above. They like to say "bad ... bad ... bad" in gold investment. Though busy securing their own wealth reserves in gold.

 

See graph above proof, Ton 10 countries in terms of gold reserves is majority western countries who like to campaign that gold is a bad thing for money or for investment. Countries that realized that they had been 'deceived' by bad imaging gold - were soon after him; it is for example done by the last few years China and India recently.

 

Not only from the side of a large quantity - because on average they are a big country, a percentage of the total reserve them - their gold reserves are also very large. Americans reached 77%, France close to 71%, Germany approached 70%, Italy close to 67% and 60% Dutch approach. If the average of the top 10, then the gold reserves of their average is 38.5% of its total reserve.

 

So where we are and the countries with majority Islamic population?; Though part of our laws need gold coins (Dinar) for example, to determine measurement of charity, the law cut his hand, blood money (Diyat) etc..; No one-even states the majority Muslim population like Indonesia has adequate gold reserves.

 

Indonesia for example; in our central bank - Bank Indonesia - we only have gold reserves of 2,347,046.31 troy ounce or approximately 73 tons per end of last year according to the BI data in the annual report fiscal year 2008. With the current price level of U.S. $ 1,140 / oz; then our gold reserves are worth only U.S. $ 2.68 billion, or about 4:15% of the last reserves were 64.5 billion range. The trend of our gold reserves at the Bank are also not rise, even down.

 

After a quarter century, perched on the position in the range of 96 tons, is now living down 73 tons or 24% over the past two years. Where the departure of our gold? BI reported fiscal year 2006, some of our gold is sold to accelerate our debt repayment to the IMF!.

 

So, are we still going to let the world gold market controlled by those who said disparaging the image of gold, they collect it from the hands of other nations who fail to secure its real assets. If our authorities did not secure the real assets of this nation, whether we as individuals do not secure our own assets?

 

Source : Gerai Dinar

 
< Prev   Next >