Who's Got The Gold?

Largest Gold Reserves by Country

...The SPDR Gold ETF (GLD) has now grown to such a size that if it were a stand alone country it would now be the 6th largest holder of gold in the world. That's remarkable. Even more remarkable, 1 man - hedge fund manager John Paulson - owns nearly 10% of this gold ETF. [May 16, 2009: John Paulson Continues to Pile into SPDR Gold (GLD)] By the transitive theory this would make John Paulson, if he was a stand alone country, somewhere in the 16- 20th largest holder of gold.

Top 15	$ Value of	% of
Country	Reserves	Reserves
United States	$298.4	N/A
Germany	$125.0	69.2%
International Monetary Fund	$118.0	N/A
Italy	$89.9	66.6%
France	$89.7	70.6%
China	$38.7	1.9%
Switzerland	$38.2	29.1%
Japan	$28.1	2.3%
Netherlands	$22.5	59.6%
Russia	$20.9	4.3%
European Central Bank	$18.4	18.8%
Taiwan	$15.5	3.9%
Portugal	$14.0	90.9%
India	$13.1	4.0%
Venezuela	$13.1	36.1%

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