Gold Above Ground

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#1 Fri, Aug 10, 2012 - 4:14pm
Nick Elway
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Gold Above Ground

Byzantium,

How much gold is above ground? The commonly accepted numbers seem low to me.

World Gold Council says 171K tonnes (end of 2010) (3) The US Geological Survey says 124K tonnes were ADDED to above-ground supply from 1900 through 2010. (1) and (2)
To me, this says that all of the mining in the whole world for thousands of years up until 1900, including the gold rushes accumulated less than 171-124 = 47K tonnes!

Lowest gold above ground number I see is 120K Tonnes (8)galmarley and the highest is 2000K Tonnes (11)Fulford's Asian secret society

I believe the vatican and others have significant gold mined before 1900.

Sources so far:

(1) US Geological Survey 1900-2010
https://minerals.usgs.gov/ds/2005/140/ds140-gold.pdf
https://minerals.usgs.gov/ds/2005/140/ds140-gold.xls
World Production since 1900 138K tonne, World Consumption since 1900 16.4K tonne

(2) US Geological Survey Mineral summary
https://minerals.usgs.gov/minerals/pubs/mcs/2012/mcs2012.pdf pages 66 and 67, and Appendix C
World Production 2010 2.6K, 2011 2.7K (Reserves 51K maybe some of this is identified in the ground)

(3) World Gold Council
https://www.gold.org/investment/why_how_and_where/why_invest/demand_and_...
171K tonne, 29.5K Official, 33K Investment, 84K Jewelry, 21K Technology, 4K Unaccounted

(4) Byzantium post August 10, 2012 - 6:28am
170K tonne, 30K State+Rumored State, 84K Jewelry and private bullion, 54K "Balancing"
https://www.tfmetalsreport.com/comment/116775#comment-116775

(5) Gold from the new world
https://mygeologypage.ucdavis.edu/cowen/~GEL115/115ch8.html
141 Tonnes of gold from 1503 through 1591 (Gold Silver Ratio was 1021!!!)

(6) Vatican-controlled Gold
https://one-evil.org/acts_global_depression/acts_global_depression.htm
200K Tonnes total above ground
60K Tonnes controlled by those that control the Vatican
Years Key Reason Acquisition Total % world
1100-1200 Eastern Crusades 9200 9300 27.7%
1200-1350 Western Civilization 12500 21800 57.0%
1351-1490 Templer Treasures 4200 26000 62.3%
1491-1600 New World 3100 29100 60.3%
1600-1800 Slave Mines 4050 33150 54.7%
1800-1900 End of Empires 6500 39650 55.0%
1900-1945 World Wars 16200 55850 53.4%
1946-2006 Organized crime 4500 60350 30.2%

(7) Philip Barton
https://www.goldstandardinstitute.net/Article.aspx?UniqueName=PB20111021
Makes a good narrative for 600K Tonnes mined BCE

(8)
https://www.galmarley.com/framesets/fs_commodity_essentials_faqs.htm
120 to 140K tonnes above ground

(9) Doug Casey quoted by GoldMania3000
https://www.tfmetalsreport.com/comment/94925#comment-94925
6 billion ounces/32150 troy ounces per tonne = 186K Tonne

(10) Turdle GG Post https://www.tfmetalsreport.com/comment/101377#comment-101377
quoting bronsuchecki https://www.perthmintbullion.com/us/blog/blog/12-06-12/Will_Central_Bank...
170K tonnes

(11) CauseChange Post https://www.tfmetalsreport.com/comment/59920#comment-59920
referencing https://divinecosmos.com/start-here/davids-blog/995-lawsuit-end-tyranny
Also Lamare's Post https://www.tfmetalsreport.com/comment/60489#comment-60489
Fulford's Asian Secret society owns 90 percent of above ground gold
Saying over 2000 K Tonnes above ground

(12) victorthecleaner Post https://www.tfmetalsreport.com/comment/85006#comment-85006
130K Tonnes

Edited by: Nick Elway on Nov 8, 2014 - 5:30am