GOLD Reserves Comparison | 3D

[@owlowlss]

pov: you didnt want to wait for part two on the tiktok

[@brianzatkos2807]

How did you know😡

[@eric-nk2sf]

😟

[@rickyl9359]

Fax

[@kvrsed2620]

Lmfaooo how u know

[@dalyenouq8543]

Hehhahaha how did you knowww

[@jaszthebest]

India Gold Reserve: 550T Indian Temple Gold Reserve: *22KT!!!* Indian Women Gold Reserve: *11% of gold in entire world!* *Dead* 😂

[@brandwinner991]

How about one person in Philippines .. ?? Ferdinand Marcos Have 1,750,000 metric tons of gold before..

[@jaszthebest]

@@brandwinner991: Do you know how many zeroes are there in 300million metric tonne? If you were being sarcastic about something I have no idea then my apology.

[@brandwinner991]

Search to see

[@brandwinner991]

Ophir not Philippines .. ophir is the land of gold

[@jaszthebest]

@@brandwinner991: 300 Million metric tonne = 300,000,000,000 KG that's 300 billion KG Gold. Are you out of your mind? Whole world including all the gold mines doesn't have that amount.

[@MT-pp9yy]

2%:normal comments 98%: india has 40% the gold of world

[@MT-pp9yy]

@@nikhiljain7358 yes but are very greedy bcs the video say for gold reseeves.

[@worldtravler4627]

Yes bcZ indian papolation ko koi or kaam.tu hai nai bass har wakt mobile per hi comments per

[@oppaianime4594]

@@worldtravler4627 OK as if u don't

[@petermeter5363]

It’s true man. I have been in India for business and saw many female there. Especially the older ones have a few hundred grams on their body. They love gold. Haha 😂 I think India and the Arabian or let’s say Islamic world can really make it to a few tons of gold.

[@wcsii]

Thank You!! Won’t waste my time with comments...... now I’ll finish the video.

[@FforfreeNet]

India has no 1 reserve everything in housewives neck...

[@jaszthebest]

@EripmeLahgum: I hope this help killing your depression, give life to your dead soul and you can finally feel proud of your dead life where you can't even afford a medical care 🤗

[@Anu-hs2ku]

Jasz TheBest don't take this guy seriously, he's probably pissed off because his country is nowhere in this list. Canada is already so fucked up by US.

[@maheshnayak2941]

Jasz TheBest he isn't concerned about us, he is jalous by how we are the fastest economy amd Canada can't compete us, seel killers🖕😠😒😒

[@jaszthebest]

@EripmeLahgum: Offended? You seems to be offended from the post. The comment nowhere mentioned anything like Indians earn 1k$ per day why would you bother about per day earning then? I won't even bother correcting your stupid stat. If you can't digest straight up facts then start taking digestive pills(as you have healthcare *wink wink*). We know there are butthurts like you (and the other guy) roaming around comment section of such videos so it's our moral duty to state facts to add more fuel to your burning ass 🤗

[@myeurope2137]

@Saurav Anand Bakwas Na Ker Kuti Da BAcha

[@SauravStatingFacts]

Hey British return our gold

[@ravichandra0003]

lol

[@alexanderthegreat445]

Nah

[@aksin2253]

@@ravichandra0003 Lol we're talking about now

[@aksin2253]

@HEADHUNTERZZZ YT but it is

[@aksin2253]

@HEADHUNTERZZZ YT We are the best in the world

[@AetherCarl]

3:43 t pose besides Philippines to assert dominance

[@yourlocalgastationguy2316]

Lol 😂👌

[@marcanproduction8721]

The truth is more than a million metric tons of gold of the Philippine gold, according to Karen Hudes a World Bank whislerblower. From the Spain more than 300years like a leech sucking the wealth of the golden land Ophir which is the Philippine ancient name. Some the wealth of the Philippines invested in many banks around the world for safe keeping. That's why greedy Oligarch want to control world bank. When the time come the people of the world will knows the true role of the Philippines to the world. The return to gold economy to save world economy and to fight against antiChrist.

[@maiahkatrinaminahotbabes6943]

@@marcanproduction8721 so damn true aquino-conjuanco family did it.

[@majesticmarilag533]

@@marcanproduction8721 lol ophir

[@kelvinbaruiz8879]

Try to search this, in interview of george w. Bush and ask who is the rich countey in the world .

[@er.nitish7052]

India have almost 600 T reserve but we also have many more in temples and women's jewellery...it is estimated that total gold in India is 45% of world's total gold

[@Babumoshai..]

Yeah but due to the large population and unemployment some people are poor

[@er.nitish7052]

@@Babumoshai.. population or poverty ab bdi fastly decline ho rhi or India ab fastest growing economy bn gya h bs middle India specially UP or Bihar m kuch problems h like over population poverty health problems uneducation but rest of India is developed...UP Bohar b ab grow kr rhe h Modi govt. kafi invest kr rhi h...main reason ye h k UP Bihar m leader acha nhi mila uneducated leaders h yogi or nitish...personwise to ache h but unki priorities galat h or bo khud b anpad bate krye h but hope so jldi grow krega UP Bihar or baki states m b kuch minor problems h but ab achi development ho rhi h

[@abhijeetchouhan5949]

@@er.nitish7052 o bhai get your facts straight. India is not the fastest growing economy, Ethiopia is. And the gdp growth rate of modi govt is less than the previous 5 years. Rank of India has also declined in HDI, happiness index and availability of clean water. Modi has done nothing except brainwashing people like you. He didn't even released reports of unemployment rate and farmer suicides. He failed India.

[@er.nitish7052]

@@abhijeetchouhan5949 Yes he brainwashed more than 70% Indians...our fault is that we believe in facts...Ethopia is a small country and fastest growing means major economy...means which have strong economy(In top 10 or 20)...HDI is medium (approx 0.68) and it is estimated that it will reach 0.7(means high) by 2020...Unemployment in not a problem becoz Modi ji focus on "Long term goals" by privatisation...startup programs are helping people but it is not counted in employment report thats the reason people thing unemployment increases but in actual it decreases...Another factor is Modi govt. constructing new infrastructure nd projects most of them will completed in 2020 after that people will get more jobs...Educated people will always vote Modi ji for his work...u can check world reports...iam not saying Modi is 100% correct but he is 100% better than rahul gandhi and other uneducated looters(like Mayabati akhilesh mamta etc.)

[@er.nitish7052]

@@abhijeetchouhan5949 Also we have no other choice except Modi in 2019 for PM...if u think anyone can lead India better than Modi that tell me i will vote him/her but i think no one is better

[@Moni0518]

Fun fact: the oldest gold was found in Bulgaria ,and back in the day we had lots if gold but we were stupid so we didn't know it was that valuable and we sold lots of it,but its aight we still have a lot ,considering how small our country is 🇧🇬🇧🇬🇧🇬

[@Martin-xp8rb]

That’s cool, I didn’t know that about our country

[@beverlyphillips9475]

I pray whoever reads this should become successful. keep l for success. the rich stay rich by spending like the poor and investing why the poor stay poor and be spending like the rich yet not investing. Roar! Invest earn and be successful.

[@adrianmartin2627]

Assets that can make you rich!

[@adrianmartin2627]

I.Crypto 2.Stocks 3.Shores

[@theofaure148]

You are right sir

[@theofaure148]

But I don't know why people remain poor due ignorance

[@charlottepaquette8152]

It's not ignorance but unprofessional broker in the market

[@heroedeleyenda05]

Indians in the comment section: all our indian temples are filled with gold! America: hmmm, seems like India needs some freedom delivered to them

[@rohitmitruka]

😂😂Everyone cherishes freedom but none for the American 'freedom'.

[@thesenate9275]

god damn the amount of Indian nationalists in this comment section arguing about gold reserves

[@Saurabh-255]

Well good news for you go search about gold discovery in India in sonbhadra district utter Pradesh search it. Thank you

[@thefrustrateddoc]

@Narendra Modi kuch nahi hua😭

[@musicmaniaroy9651]

You have no idea how much gold in India every temple treasure room r filled with gold

[@keithbenson5148]

It's gold reserves moron

[@mehtabkausar]

Please keep it secret ..Don't tell the world..

[@musicmaniaroy9651]

@@keithbenson5148 brother you r right at your point but I just said that what India have . It's huge brother

[@MelonMan]

@Sushil Kumar mate its a reserve, calm down. yeah of course if it was in total, india would be number one. but its a reserve

[@user-IL1EL]

Sushil Kumar it’s reserve man reserve will be less or more in our country but still we have more gold than any country

[@draxkilla3539]

Uncle Scrooge from Duckstales has most gold stock in America

[@devd2912]

Indian temples have more gold than whole world had ever seen I their entire life

[@JAYJAY-ch4ik]

Dev D those gold are not 999 gold. It’s plated gold. Meaning very thin outside layer. Indian gold is know to be less premium or in other words fillers and platings that’s all. Indian gold wore by Indian woman are also of cheaper standards compared to the 916 standard of the Chinese or 24k of the Americans. Indian gold uses a dye to make it shimmering and yellowish.

[@archanapramod434]

@@JAYJAY-ch4ik You got it wrong. He is saying about the gold stored inside those temples, in their basements and ceilings. You might have heard about the Sree Padmanabhaswamy temple in Kerala's Thiruvananthapuram. When 4 of its 5 gates were opened, many tons of gold worth 1 trillion USD was found. But unfortunately the fifth door couldn't be opened as it is said to be cursed. Everyone who has tried opening it has died. There are many other temples in India with gold hidden inside them. This is what he meant. Read this Forbes report. www.google.com/url?sa=t&source=web&rct=j&url=www.forbes.com/sites/jimdobson/2015/11/13/a-one-trillion-dollar-hidden-treasure-chamber-is-discovered-at-indias-sree-padmanabhaswam-temple/amp/&ved=2ahUKEwiw9L7DyLbhAhUf73MBHWn7DmIQFjAAegQIAxAB&usg=AOvVaw04ShOJZvmcAM-tnbzCdtn1&ampcf=1

[@romansinigur1673]

and what's the matter , everybody knows how indian people live... India has much gold , but indians are struggling for survival....

[@robrib2009]

Do you know the marcos wealth? Philippines is ophir the land of gold. You can do your research. Philippines is the most richest country in the world. Wait 2022 when his son bongbong will be the next pres of the Philippines.

[@JohnWick-jk4dc]

@@romansinigur1673 pretty sure you guys will suffers in coming years.. when india became one of the superpower country.

[@sultra647]

2:56 T-pose 3:17 T-pose AGAIN 3:58 T-pose A G A I N

[@andreicomelo6286]

forgot the philippines

[@sultra647]

@@andreicomelo6286 oh, right lol

[@ValorantJourney-vj]

For example Afghanistan, Pakistan, South Africa, Myanmar, iraq are strong in gold reserve but they are not good in economic & statistical as other countries. What are the reason behind this?

[@ForestofMars]

It's incredible how Italy, a country big like a rock in the middle of mediterranean sea, have this to much gold, and 50% artistic heritage of world, the best food, and best cars and motorbikes, awesome places, awesome seas, good clima. How it is possible?

[@schoolispiss]

Thank the Roman empire for that

[@ForestofMars]

@@sodakk17 heum Ferrari, Lamborghini, Maserati, Pagani, Alfa Romeo, Ducati, Aprilia, MV Agusta, Moto Guzzi....

[@sofyanmadjedi166]

US takes our gold Indonesia as they like, we will continue to struggle with this injustice.

[@unknownplayers1804]

I don't know why CIA kill JFK for Freeport,but if cia not kill jfk i think indonesia is become a rich

[@ahzaal5084]

But without the US you don't have the machine to take the gold

[@shataan-]

@Singha Mura google about freeport indonesia please!

[@themax9913]

PERY ANDIKA yeah yeah, keep talking , at least we don’t crash aircrafts on innocents Americans . You guys are fu**** jealous that the US and Europe are so successfull while some of your peoples are still starving .

[@yosephoktavianus2311]

@C caymer NIGGA

[@rampalsingh2496]

Ur data is wrong about gold reserve by India... Indian house wife are enough for United States 😊

[@abhijeetchouhan5949]

Moron, it is about gold reserves- means the gold owned by the government, not individuals.

[@Ravi-hm6bn]

🤣🤣🤣

[@kamallb4650]

@Jojo Mathew idiot.

[@deadpoolfanclub6508]

house wife gold is not counted here !

[@brentmichaelyoung6075]

Las Vegas Housewives Only Have 613T ;about the same as the Netherlands, or slighyly more ; looking at the Data ; if you Add Beverly Hills Hosewives, it comes out too 1,177T slightly more than Switzerland, And Hollywood Housewives puts it, well "enough gold planed for the InterFirst Twin Supertall Rolex Laced With Silver Pyrimid Towers, in Downtown Dallas, Texas, but all that shines now is Green Argon ; because they needed the Gold, too bail out wall street! ; ironicly these twin towers that looked like gold rolex watches, would of "dwarfed" the world trade centers signature, in new york city llove Brother brent! 💘

[@tgangabhavani]

US gold orgins US-20 percent Other Countries-10 percent Minecraft- 70 percent

[@brinettevalorie4554]

( 3:44 ) I don't know why, but that guy right there reminds me of Shrek. Probably because of that vest. If only he was really Shrek though.

[@kailashk930]

Good animation. Pl mention the ranking on the bottom within brackets

[@masubet5360]

Gold Amerika from Indonesia right

[@jihanluthfiakhansa6801]

ya from freeport mc moran

[@masubet5360]

Yeah I know

[@unknownplayers1804]

Right

[@Min14100]

@C caymer wtf u think u don't know they are Muslim or not u dick nigga

[@charloteagari5120]

C caymer don’t be salty they did get a lot of gold from Indonesia

[@hustlerrml6795]

im sure if the marcos gold is back the philippines is the rich in gold

[@er.nitish7052]

In Indian history we have 45% gold in our country but british looted us...but no problem we still have enough gold

British looted $45 Trillion in present Money From India

[@ksasaami]

yet we hate the other half of us

[@manuelecavalieri1301]

In Italy we have 2451.8 T of gold, however we have more than 2 billions of public debt too.

[@imelonidigiorgia]

Tranquilli per risanare il debito pubblico italiano basta imporre una legge sulle bestemmie in tutto il Veneto (che guarda caso hanno appena introdotto) 😂😂😂

[@Metalixerixes]

Poland: "In the years 2018-2019, NBP's gold reserves were increased by 125.7 tons and currently amount to 228.6 tons"

[@cobaltsixty8535]

Polish gold was stolen by UK zionist banksters.

[@simransucharita5434]

I think one of African countries made in top 10 list ... cause Africa is well known for gold and diamonds... But , it's not. I was really surprised that Libya cross South Africa... Seriously!! That's really wow..

[@meowung9848]

Thats because european😉

[@Raynnman]

Libya was the largest economy and fifth largest in per-capita income in Africa until 2011. It was also a debt free, self dependent nation. I said 'was' because Libya was all those things... Until US entered and destabilized the country Not to blame US tho since Gadaffi was threatening to implement a new standard of economy among African nations and that's one of the reasons that led to world war 1 in first place.

[@farouk9178]

Even Algeria has more reserves than both Libya and RSA

[@j42178]

Australia sent its gold to England for safe keeping, they said they never got it.

[@tomaskreutziger8614]

Once again i am not surprised by the winner

[@cesaralcaraz819]

Make a volcano eruption size comparison

[@javaTV]

I'm not sure about your data, because I see that in Indonesia there is a mine which is a freeport mine, and they have released the data.

[@GoD_LoRD04]

GOOD NEWS IN INDIA , WE FOUND 3000 TON GOLD RESERVE!!!!!👍👍👍👍 TODAY

[@GoD_LoRD04]

@@RM-qg6tt who told you that, even in USA there are food problems and WHO SAID INDIA DON'T HAVE FOOD?!! INDIA IS THE LARGEST PRODUCER OF MANY FOOD ITEMS AND FOOD SHORTAGE PROBLEM EXISTS IN COUNTRIES LIKE AMERICA TOO.

[@GoD_LoRD04]

@@RM-qg6tt *population* is our enemy, however you can get a full meal at just ₹20(less than a dollar).

[@GoD_LoRD04]

@@RM-qg6tt thank you for visiting India.😘😘😘😘

[@GoD_LoRD04]

@@RM-qg6tt Don't worry you people robbed our gold and arguing with us and saying us poor YOU PEOPLE ARE THE REAL REASON FOR THESE!! and why gold comes here, can gold produce food?? Why u earn money??? For food exactly.

[@GoD_LoRD04]

@@RM-qg6tt which country you belong to?

[@lc5192]

I learnt from this video, an average cat is 43cm tall.

[@GenX228]

India has most Gold which is not with Govt but with common Man.. If taken out Gold prices will come down.

[@ca6360]

We need updated, with BTC as side block if held and possibly other metals including silver, copper, platinum

[@ergmerg]

U forgot Uzbekistan (354.90 T) which was after Kazakhstan (353.30 T)

[@ABYL_AI_KHAN]

Почему тюрков Кишка тонка ? Я наборот радовался что у Турция золото болше стало чем Казахстан я говарю ПО данном 2020

[@_ale_21_87]

Italy's third? Change my mind (Seriously i'm italian🇮🇹)

[@colonelgoodstep]

se poi pensi che la germania e gli usa ne hanno di piu perche la hanno rubata durante la Guerra Mondiale....

[@bobbobson8416]

After we lost the war "our" gold is kept in fort Knox USA.

[@arnoldoschwarzy88]

L'Italia ha una riserva aurea altissima... Sapevo già prima di vedere il video che l'Italia era dietro solo a USA e Germania (che poi gli Usa sono più stati)

[@imelonidigiorgia]

@@arnoldoschwarzy88 Strano che il Regno Unito abbia solo 310t di oro... Dopo tutto quello che praticamente hanno rubato alle altre nazioni tipo India, Sudafrica...

[@nazcoita1]

In teoria se conti tutto l'oro che c'è nelle chiese mi sembra più che giusta la terza posizione

[@rafaelsiqueira2854]

Uma vergonha o Brasil ter somente essa quantidade de reserva de ouro. Aqui no meu estado, vejo mineradoras canadenses levando toneladas e toneladas de ouro, enquanto a reserva brasileira é pífia.

[@erdnasiul87]

Portugal: sim, esse ladrões do Canadá...

[@DDDelgado]

A lot of serious people would argue that US doesnt have 8K T, all has been leased out, China is close to 20K T and Russian probaly much higher that 2K T.

[@element1935]

where is lebanon? it has 250 tons of gold and second place for gold per citizen

[@lenmarbonggat8327]

Is not us. Its Philippines by Marco's owners it's onto billion of gold's

[@gentbelgium4889]

Germany with no colonies more gold than All Colonialist countries. Strong Germany!!!!!!

[@pepehimovic3135]

F#ck Belgium and Leopold II

[@luis9286]

Germany actually had colonies in Africa namely Tanzania, Cameroon, Namibia,Togo, Burundi and Rwanda.They were all taken away from Germany's control after the 1ST World war

[@gentbelgium4889]

@@pepehimovic3135 Hahaha. Don't listen to propaganda of Anti-Belgian Medias. Fuck You also. Leopold II was a Great King. Long live to him.

[@gentbelgium4889]

@@luis9286 Germany colonised theme for 5-50 years maximum. Other European countries minimum 50

[@luis9286]

@@gentbelgium4889 what do you mean a great king,he led to the deaths of more than 10 million Congolese and you call him a great King

[@dandy6876]

Me:lemme see if kenya is in the video *clicks* Me:*after intro*Wow i have the poorest gold reserve

[@ibo3460]

I am surprised Uzbekistan is not on your list( whilst we are top 10 gold producing in the world

[@ibo3460]

@Shaban Ajeti I see, but we produce among 10 producing while we have 2nd largest gold mine in euroasia

[@ibo3460]

@Archock Encanto Hi Archock, I am afraid that you might be right. I am not into that politician games so far we are behind curtains but might be for a good reason as well, otherwise others might be jealous about it as well. :)

[@clearthoughts8999]

This video talks about the gold reserve of a country's government. Maybe your country might be good in production but it might handled by some private businessman in your country and exporting it to another country. Gold Reserve is different to Business. But if your country had a government-owned gold mine, I believe you're in top 20.

[@MightyAfricans]

Well, at least we made the list.

[@yashmukadam6750]

Half the people in the comment section don't know what a gold reserve is 😂😂

[@lc5192]

Uruguay's gold must be their 2 FIFA World Cups.

[@hackdsshft7370]

Philippines gold was used to build temples.

[@gilbertabungar1786]

philippines have a million tons of gold

[@Rancid-Jane]

Some countries have no gold reserves, I assume, as they were not listed.

[@howardharoldbalvestamin8248]

philippines is the first souteast asian gold reserved......

[@demafi7923]

😭

[@bobolaapi7034]

Indonesia has mountain of gold. 33 milion tons of gold taken by america n they said, they will never stop the contract because there is a big amount of uranium.

[@ediwow2823]

Howard Harold Balvestamin Sa Paracale palang . Kaya maraming nagiging milyonaryo sa Paracale.

[@angellove1378]

@@bobolaapi7034 The Philippines is a producer of gold since ancient time.. up until now yet we are second largest untapped gold reserved next to africa(SOURCE FORBES MAGAZINE).. while africa just mine gold since 1500AD and the philippines mine since 1000BC.. Plus the MARCOS GOLD and the interest of that GOLD.

[@nadimsalameh6952]

You forgot LEBANON 🇱🇧 witch ranks 19th place of gold reserves worldwide 👌🏻

[@flakker88]

Exactly!

[@MihawkHawkins]

3:01 Brasil

[@rafaelforini3760]

A gente deveria ter muito mais mas por causa dos portugueses a gente tem pouco ;-;

[@carlosmagalhaes7109]

@@rafaelforini3760 Sorry 😂😂

[@rafaelforini3760]

@@carlosmagalhaes7109 como assim

[@br3menPT]

@@rafaelforini3760 chora mais...sem portugueses nem havia Brasil....e Portugal também devia ter muito mais ouro, mas os Romanos durante séculos levaram toneladas e toneladas de ouro de Portugal para Roma

[@m.6019]

Did not expect Philippines to be almost at the 4 mins mark, I thought we were in the first minute! LOL

[@nepdep1945]

3:56 A British memer protests against Article 13(2019, colorized)

[@animeyahallo3887]

Marcos family: hold my beer

[@PEGASIS_PLAZ]

Indians have 23000T gold...... Just imagine India - 600 approx Indian temple.... Net worth -750 billion USD...

[@Babumoshai..]

It's reserve gold That goverment have

[@user-IL1EL]

Arnab Das it’s reserve

[@rikbhattacharya5019]

@@jonyjony971 So your'e publicly proved yourself as a moron by commenting same lines (ctrl c & ctrl v) everywhere. 😂😂😂 Keep it up Mr. illusionist.😂😂😂

[@jonyjony971]

@@MrAmrutesh yes is right 93% don't have because 95% of Indians is living under 1$ per day you know what is mean for Indian in English is who living in jungle🤣🤣🤣 in latin also💩💩💩👳‍♂️👳‍♂️👳‍♂️

[@MrAmrutesh]

@@jonyjony971 Last time I checked u were Shitting on the Roads, holding a Katora and begging for Money... 🤭🤭🤭 U know what ur name means in English:- Begger eating Shit.. 😝😂😂

[@Abhihero237]

If rahul gandhi becomes pm we can make more gold by putting potatoes in a machine ......lol

[@alexandravoda9533]

I am proud to be Romanian 🇷🇴🇷🇴🇷🇴🇷🇴

[@muhammadasef2842]

please tell me the name of editing software ??

[@shashanksuman]

As per latest estimates Indian households have a minimum of 24000 tonnes of gold, and india imports 750 tonnes of gold every year.

[@luis9286]

This is reserved gold ‘owned by the government'

[@ToniHayek]

Lebanon 287T. Not mentioned in this video

[@optc9059]

I had written this on other threads hopefully some of you can see it. The US had already acquired much of the world's gold reserves by the end of World War II. This was due primarily to the way that gold was used back then as a medium of exchange. In the current monetary system, currencies are typically fluctuating based off confidence in a country's financial system. Investors and savers looking to protect their portfolios will flock to the most stable currency with the idea that the value of said currency will change little (less inflationary pressure from high growth or government spending, for example). Similarly, in addition to speculating in currency, they may also choose to invest into precious metals, gold being one of the main ones for its relative stability. This was not the case of the monetary system in the early 20th century. In the early 20th century, most currencies were backed by, if not actually made out of, gold or silver. The former type of gold, where notes were issued that could be exchangeable (or to be more precise, convertible) for gold, is known as gold bullion (i.e. gold bars). The latter, where the currency is made out of gold (as a coin), is known as gold specie. Now as a (poor) thought exercise, imagine that you are a factory owner in the United States. You buy, say, dye and wool from a British company, and use it to make clothing that you then sell to a company in Britain. If the dye and wool costs you $5 and you sell the clothing for $10, in this transaction the net difference, $5, is the amount you would earn, presumably in hard cash. Across many such transactions, it would seem that the US is exporting to Britain much more than it is importing. Britain needs to pay for this $5 per transaction somehow. Since they are not paying it through the transfer of goods, they need to essentially give me US dollars, instead. How do I get a US dollar in Britain? It's fairly straightforward. I would take my British pounds and exchange it for gold. Then, I would exchange the gold to a US bank to get US dollars. Finally, I would use the US dollars to pay off the existing balance. The key here is the phrase "exchange the gold to a US bank." Because gold was valued by all countries and had a defined exchange rate to the local currency, it naturally became a means of international trade, allowing one to buy and sell currency as needed to buy and sell real goods. Now, what happened in the early 20th century was an event known as World War I. This event neatly destroyed the careful financial system. Why? Due to the wartime situation, the governments of each country needed to spend money to buy goods, including weapons, raw materials, food, silk for uniforms, etc. Because of the large manpower demand of the militaries, this resulted in a labor shortfall in the countries at war, which meant that they needed to find external sources of these goods. Lo and behold, the United States was for the first few years of the war blissfully neutral. In the case of Britain and France, they eagerly sought the US as a trade partner to acquire these goods. The problem was that the war dragged on, and soon both Britain and France ran out of gold to exchange for US dollars and therefore US goods. The US graciously extended the countries loans (of gold, to buy US dollars-in practice they skipped the middleman, but the British and French were still on the hook for the gold). In the aftermath of the war, the United States, being one of the few countries that had not been devastated by the war (Britain, while relatively unscathed, had a massive burden of loans that they needed to pay off) became a natural trade partner for many countries, who, while war industries retooled for civilian use, soldiers returned to the workforce, and so on, ended up forking over a good amount of gold in exchange for US products, be it consumables or capital expenditures like machine parts. Many countries were concerned about staving off inflation, as the massive government spending that went into the war with a corresponding decrease in real goods resulted in a potentially inflationary situation that needed to be dealt with. A notable exception was Weimar Germany, who, in an act to attempt to throw off the "shackles" of reparations, chose to destroy their economy. The reparations of Versailles required the Germans to pay reparations in the form of either real product (such as coal) or in the form of gold (that could be used by Britain and France to rebuild their reserves, or rather, to pay off the US). The reparations themselves were cleverly designed to be relatively minor in impact while appearing to be much larger in scale to salve public opinion in Britain and France. However, for Germany, there was strong anger against the Treaty of Versailles in general, the reparations being a notable target, and thus the government set out to find ways to undermine the treaty and the reparations. To do so, the German government, which had abandoned the gold standard in 1914 to be able to print money for deficit spending, chose to buy gold in exchange for the Papiermark, the paper mark currency used since 1914. They deliberately printed Papiermarks to continue buying gold, which led to hyperinflation in Germany, known as the Weimar Hyperinflation (which to this day continues to be confused with the deflationary aspects of the Great Depression). This in turn did lead to a renegotiation of the reparations, but only at the cost of massive wealth destruction in the German economy. This is as discussed in Sally Marks' Myth of Reparations. For simplicity's sake (and due to the massive ongoing academic debate between economists about the causes and solutions to the Great Depression) we are going to bypass it entirely for purposes of this discussion, I will mention that some theories are that the Federal Reserve did not act to increase money supply, another that the gold standard itself prevented the Federal Reserve from doing so and that the economic power of the US made such paralysis global, among many others (ex. Keynes' consumption based theory, and so forth). I will go on to mention however that there was major slowdown in international trade (and thus, currency exchange) and some countries like Britain abandoned the gold standard in order to deficit spend in an attempt to alleviate the worst effects of the depression. This, combined with the outbreak of World War II (where, for one example, through the "cash and carry" policy, Britain exchanged much of its liquid cash reserves (incl. gold) for US goods) resulted in the US being the dominant player in gold reserves by 1944. Sources: Friedman, A Monetary History of the United States Eichengreen, Golden Fetters: The Gold Standard and the Great Depression

[@unicornbunny6190]

Is that ONLY Government Gold? Cos Indian Temples has 4times times Indian govt's gold. N Indian house wives combine has more than 100 times the Govt's reserves at least. (Estimated around 11% of world total Gold)

[@lumpmasta]

What would have been cool would have been to see all of them put together.

[@Min14100]

U know why Singapore is rich? They stole it from Malaysia before they left Malaysia

[@clearthoughts8999]

LoL. Good story but no way 😂 Malaysia's gold stole by Brits. Blame those western bastards.

[@pankajkhare9761]

Uk stole India's gold

[@ravichandra0003]

and u r naked ' lol

[@jitendraladwani5568]

Indian gold reserve= 310🇬🇧 + 598🇮🇳 = 908(T) hope you got it

[@EdAlk]

4:03 Gold stolen from Brazil as well as badly from gold from England

[@br3menPT]

No relation at all...This is gold from contemporancy age...not from 18th century...Achas mesmo que o ouro do século XVIII estava nos cofres em pleno século XXI??? Acorda...Portugal tem ouro e muito mais valioso que o brasileiro, e recebeu toneladas de ouro so forma de pagamentos na 2ªguerra mundial e ainda mais toneladas sob a forma de pagamento pelo fornecimento de mão -de-obra moçambicana para as minas da África do sul

[@jadeflores8917]

Marcos gold in philippine have 600 000 metric tons of gold

[@gilbertabungar1786]

not only that.. it is more than that

[@alrajiesumo6673]

3:43 Ph😂

[@louiesim7827]

Mgq gold ata yan ng mga Marcos yan eh

[@karaokemania5681]

marcos still has 200k+ tons of gold

[@boarbot7829]

The animation is really trippy

[@wagnerbahia4205]

Portugal has gold reserv bigger than Brazil...🙄 May be it is the gold extracted when Brazil was a portuguese colony until XIX century.

[@tomastex7399]

Wagner Bahia Ouro dos Nazis

[@wagnerbahia4205]

Tomas Tex , pode ser...kkkk

[@hetiolic]

Wagner Bahia és um idiota. Portugal já tinha ouro ainda o Brasil não existia. E para ficares com uma informação mais completa, ficas a saber que Portugal era até ao início dos anos 90 o segundo país com mais ouro de sempre. Ficas também a saber que o ouro dos judeus foi todo devolvido e deve ser parte dele que faz com que a Alemanha e a Rússia estejam incrivelmente cheias... O Brasil para sermos mais rigorosos, das 63T que possui parte não lhe pertence.

[@wilbergoncalves1196]

Foi o PT que deu esse ouro pra Portugal

[@sanghipranit]

are we going to ignore that you just put Peter Dinklage there😂😂

[@daskaninchen5416]

Udit Kumar yes?

[@moon_sonata15]

2:07 Epic T-pose

[@carlocarino1533]

What does T means in after every number? Does it mean Tons?

[@tanpaketerangan9421]

Warga+62 mana niiiee yg liat vidio ini 🇮🇩

[@Fylnnn]

Hadir 🇵🇱🙋

[@jamesa1995]

Ok so some of you dont understand gold reserves. Gold reserves are what a country has available if needed in proven resources. Example the UK has a lot of gold stored in bars but probably doesnt have a lot of available gold in mines. Gold pots and pans in temples arent gold reserves because they are not readily available for use nor is it necessarily good quality gold or even mostly gold at all.

[@navieramirez940]

Hey Spain, return Mexico’s gold that you stole from the Aztecs

[@7beatup2.08]

Navie Ramirez true,mexico would be more richer if Spain didn’t stole our gold

[@sofiaf3003]

And from the Incas!

[@folkdom_1236]

Hey Mexico, Return the gold from the mayans tribe.....

[@7beatup2.08]

Folkdom _123 Mayans are Mexican too,you dumbass 😂🤣🤣

[@JosephOntime]

@@folkdom_1236 wtf?

[@darulfikr2942]

What about a video of the queen of England walking around a room full of gold??

[@signorgiuseppe3842]

ITALY❤

[@-TomH]

You'd think they would fix the economy with it😂. Same with Greece! So much gold yet bankrupt.

[@okey995]

you missed lebanon which has an ammout of 286.80 tonnes

[@okey995]

@li d lebanon used to be a wealthy country back in the days before the civil war broke out in 1975

[@okey995]

@li d true. we're lucky to have internet in this generation.

[@brandenburg2388]

Lucky Kenya! At least the President can carry his country's gold everywhere he goes in his car.....

[@gabehcuodsuoitneterp203]

I knew this was t scientifically accurate when I saw Peter Dinklage was smaller than a dog.

[@JooorossicWorld2151]

Philippines have lots of gold. Marcos gold that can save the nation but also the entire world

[@EVILDASDINGO]

very true

[@folkdom_1236]

FUCKING FAKE

[@hnys7976]

Libya had so much gold too. But it was taken after Gaddafi died.

[@coolishrun2502]

sooner or later you will all see :)

[@maiahkatrinaminahotbabes6943]

Nah it's not true dumbass marcos loyalist butthurts

[@funnyvideo7492]

United States stole gold from Afghanistan that is what I know from my 5 year of studying history.

[@kavita__sharma__]

Who came after 3500 tone gold found in india

[@theenergizer248]

now can we get the same info on a per capita calculation ?

[@zarra7642]

2:41🇲🇾❤️.

[@JustSoAmazing]

Who even cares.

[@muhammadqasimdreamsshorts6647]

People : Where Is Israel's gold reserve? Them : It's uncountable

[@Repz98]

Calculate all Arbic nations gold and you have your answer.

[@pommedeterre9249]

If Greece have 113 tons of gold, then why it still can't pay debts to Germany?

[@111naive]

4,5 Billion is not the same as asking around 200 Billion

[@DimiosTheGreatGR]

Xavier Steven Castro germany made 100 billion profit And they own us war reparations about 500 billion for their warcrimes and thieving

[@anes4all586]

If they give their gold their economy will fall

[@pommedeterre9249]

Ow okay... Well fuck

[@xtremeuniverse8996]

I don't understand why you speak of Germany, you can talk about the European Central Bank or the International Monetary Fund ... the reserves of the European Central Bank were created with the money of all Europeans ... there are countries that have historically paid much more of the others ... Germany, France, Italy ... and from the 1960s Great Britain ... (in order of the amount of money paid) ... the fact remains that the money from the central bank belongs to all Europeans. .also the Greeks...

[@denismaysa3536]

the data is incorrect. Poland has 228 tons of gold. Data from 2019

[@CheckYourHealthUS]

BS Afghanistan doesn't have 21t

[@happylimetown05]

Where is georgia you forgot it

[@marcelino3779]

Germany stolen gold from Poland in II world War

[@runi5413]

They didn't add that to their own gold reserves though, most of it was stored in Swiss banks (and still is).

[@itsfinnickbitch63]

nah they payed everything back

[@mironyuk]

Sadly the last block is only gold plated

[@rudancruz2075]

the truth guys philippines has 720,000" metric tons of gold"

[@rudancruz2075]

you sure noo lolz its in different reserv bank, some gold was stolen by US during marcos time

[@pilardeduquillopenalosa7909]

kzbin.info/www/bejne/gYHNpIJsr5Z4i8U

[@kitkit1059]

Million tones of gold..

[@eljieblancaflor9537]

@@pilardeduquillopenalosa7909 you'd believe on that stupid ass RAPPLER? That organization is known for many fake news and you still believe on that freaking ass news? Well that's just bullshit man.

[@spikevalentine261]

1 BILLION 181+ million tons of gold,, KORAN

[@HudHarry]

Freeport(Indonesia) send gold for USA

[@wangbutv8446]

philippines has 2million metric tons pf gold reserves. FYI :) you better do the reaserch seriously

[@Mskumar247]

Dude even America has only 8000 Tons reserve. And you are saying Philippines having 20,000,00 Tons?? Are you kidding??

[@wangbutv8446]

@@Mskumar247 try to reaserch the marcos gold or tallano clan gold ..

[@inderjeetkhatri7725]

Where is buppy lahiri he has more gold than US😂😂