RE:RE:RE:Golden Sunsets are a Critical Component of Today's InvestingValuePro wrote: How large any countries economy may be is irrelavent to it's capacity to make available to the average citizen the goods and services it generates. On this basis, it's gold holdings are low too. On these counts, at least for now, China remains quite behind other countries, and its wealth as defined by GDP alone is not what it would appear.
https://www.worldometers.info/gdp/gdp-per-capita/ Top Per Capital Gold Holding Nations
Despite selling 60% of her gold in the early 2000’s Switzerland leads gold holding nations with nearly four ounces per capita.
The People’s Bank of China holds approximately .042 ounces of gold per person or less than 1/20 of an ounce per capita.
But the size of the economy and amount of total gold holdings DOES matter.
Because we are NOT really talking about wealth or gold per capita.
We are talking about the value of currency and geo political power. And where it's shifting towards. What happens "per capita" follows.
Tx