3 ms·
> Buying one million when only ~20 million are in circulation is shocking, to put it mildly. It would be 5% of global supply just owned by the US government. 5
by TMWNN 2y ago
> Buying one million when only ~20 million are in circulation is shocking, to put it mildly. It would be 5% of global supply just owned by the US government.
5% would be completely consistent with the US's share of the world gold reserves. <https://www.gold.org/goldhub/data/gold-reserves-by-country https://www.gold.org/goldhub/data/gold-reserves-by-country>