The Gold of the world is a machine that keeps on growing.
Roughly one0fifthe of the world's stock of gold-worth over $200 Billion USD is stored under the streets of london.
About 6500 tons of gold are stored in seven vaults under the streets.The largest vault belongs to the Bank of England, and accounts for about 76% of the total stash. Most of this underground gold is in the form of standard bars weighing 400 troy ounces. The total value has been assessed as representing one-fifth of the world's entire supply of gold, worth more than $248 Billion USD (172 billion).
I hope the USA keeps buying.
Roughly one0fifthe of the world's stock of gold-worth over $200 Billion USD is stored under the streets of london.
About 6500 tons of gold are stored in seven vaults under the streets.The largest vault belongs to the Bank of England, and accounts for about 76% of the total stash. Most of this underground gold is in the form of standard bars weighing 400 troy ounces. The total value has been assessed as representing one-fifth of the world's entire supply of gold, worth more than $248 Billion USD (172 billion).
I hope the USA keeps buying.
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