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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