Which Countries Have The Biggest Gold Reserves?

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▶ In this video I talk about the concept of gold reserves. I explain why gold has been chosen by nations worldwide as THE precious metal. Going through the various ways in which countries obtain gold (by taking it from other nations, mining it, purchasing it or exchanging goods and services for it), plus why they hold reserves of it. As well as presenting a ranking of the top gold producing countries, and the countries with the largest gold reserves in the world.

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▶ TIMESTAMPS:
00:00 Intro
00:16 Why gold is precious
00:59 Why other metals aren't used the same way
02:05 Why countries store gold
03:11 Countries with the largest gold reserves
03:59 Wondrium
05:09 How do countries obtain gold?
06:41 United States / Why reserve amounts vary
07:40 Germany / Why gold is (also) stored abroad
08:46 China / Countries that mine the most gold
09:42 Lebanon / Why gold has limited uses
10:31 Portugal / Why gold can't always be sold
11:17 Taiwan
11:58 Summary

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