Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Registered members
Current visitors
Charts
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
General
General Chat
Map of all the gold reserves held around the world.
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support Prospecting Australia:
This site may earn a commission from merchant affiliate links, including eBay, Amazon, and others.
Message
<blockquote data-quote="DrDuck" data-source="post: 263039" data-attributes="member: 158"><p>Back in 1997 Peter Costello as Treasurer signed off on selling a big proportion of Australia's gold reserves at $US 306 per ounce. The amount would have been around 6.5 million troy ounces (just over 200 tonnes), and realised around 2 billion $ at that price.</p><p></p><p>He said that gold "no longer plays a significant role in the international financial system".</p><p></p><p><a href="http://www.abc.net.au/news/2010-03-05/worth-its-weight-in-gold/351864" target="_blank">http://www.abc.net.au/news/2010-03-05/worth-its-weight-in-gold/351864</a></p><p></p><p>Go figure.</p></blockquote><p></p>
[QUOTE="DrDuck, post: 263039, member: 158"] Back in 1997 Peter Costello as Treasurer signed off on selling a big proportion of Australia's gold reserves at $US 306 per ounce. The amount would have been around 6.5 million troy ounces (just over 200 tonnes), and realised around 2 billion $ at that price. He said that gold "no longer plays a significant role in the international financial system". [url]http://www.abc.net.au/news/2010-03-05/worth-its-weight-in-gold/351864[/url] Go figure. [/QUOTE]
Verification
Post reply
General
General Chat
Map of all the gold reserves held around the world.
Top