GERMANY GOLD RESERVES - A - Z
Dig for treasure with our A - Z or set a course for HOME me hearties
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When food shortages and the energy crisis really begins to bite, only gold, silver and gemstones will be worth anything, by way of savings and pensions. Banks who trade in real coin of the realm, are the only ones who will be trusted in the future. Coins could soon make a comeback. The good news is that countries do not need to mint their own. Anyone can produce a quarter ounce dollar, based on the value of gold itself, rather than what any nation says it is worth. We'd suggest that gold is index linked to food, timber and other essential commodities.
In days gone by they traded in real money based on solid gold and silver minted coins. Today, paper currency is based on worthless promises, made by governments that are typically corrupt is some measure; political pirates, racking up staggering national debts, based on flawed policies. There are though some countries who are building up real wealth. Gold reserves as ingots and bars, that will be worth something when the digital/paper system collapses. Paper and digital currency is no better than Crypto currencies. Here today, gone tomorrow.
So
it is that when John
Storm discovers a long lost hoard of treasure, a number of nations are
keen to get their grubby mitts on it. To add to their stockpiles.
Germany is the second-largest hoarder of gold in the world with 3,355.14 tonnes of the stuff, a small decrease from 3,359.09 tonnes at the end of 2021. Concern over its gold falling under Soviet control during the Cold War led to the stockpile being spread around the world. It was thought to be divided between the Federal Reserve Bank in New York, the Bank of England, and the Banque de France. Between 2013 and 2017, at least half of this bounty was brought back home to Frankfurt.
TOP TEN
1.
The United States of America, with 8,133.5 tons of gold
HOW
DOES HAVING GOLD RESERVES IMPACT A COUNTRY?
The best known golden treasures are Doubloons, Guineas and Sovereigns. Other forms of transportable money are diamonds, rubies and emeralds.
Treasure Island was written by Robert Louis Stevenson, becoming an instant hit, popular with children and adults, the subject of many films and graphic novels.
STORM BY NAME, STORMY BY NATURE - Only two people knew where Henry Morgan's golden hoard was stashed, and they are both in Davy Jones Locker. Blackbeard was tortured by a British officer, trying to extract the secret, Henry Morgan died of a heart attack in Jamaica. John Storm discovers the location, but refuses to tell, even in the International Court, where Haigue prosecutors try every trick in the book to make him talk.
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Dig for treasure with our A - Z or set a course for HOME me hearties
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