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View Full Version : Safe deposit boxes are full


dovik69
09-25-2011, 04:25 PM
http://translate.google.de/translate?sl=auto&tl=en&js=n&prev=_t&hl=de&ie=UTF-8&layout=2&eotf=1&u=http%3A%2F%2Fwww.cash.ch%2Fnews%2Ffront%2Fweltwe it_platzen_goldtresore_aus_allen_naehten-1081262-449

It basicaly says that all the safe deposit boxes around the world are full and the financial institutions are planning new ones.
Total gold mined: 168'000 tons.
Held in private hands as investment: 31'100 tons (end 2010 data)
I'm not sure the numbers add up bty: central banks? 30'000 tons? the rest? Jewelry?
These guys didn't sell I guess. fwiw