How Gold Disposition Impacts The Global Economy Today

Show Notes

In this clip from the Porkopolis Economics Episode 184 - Matthew breaks down the global distribution of gold, analyzing central bank holdings, private bullion, jewelry, and industrial gold. He highlights how central banks and major institutions hold approximately $3.3 trillion worth of gold, while private bullion totals around $4.3 trillion. Together, this makes up about $7.6 trillion in total bullion. Additionally, jewelry accounts for $8.7 trillion, making gold jewelry the largest component of available gold. Industrial uses, including electronics and dentistry, add another $2.9 trillion. Summing all these components, the total value of all mined gold is approximately $19.3 trillion. Matthew also discusses the difference between bullion as a store of value and jewelry as a more ornamental, yet still valuable, asset. Contents: 00:00:11 - The Monetary System's Leverage and Multipliers 00:01:22 - The Evolving Reserve Ratio in the US Banking System 00:02:34 - Demand Deposits, Bank Reserves, and the Federal Reserve's Interventions 00:04:24 - The Zombification of Banking 00:06:19 - The Federal Reserve's Discouragement of Reserve Lending 00:07:08 - Banking and Population Growth Porkopolis Economics covers macroeconomics, money, and sports from the creator of the Crypto Voices podcast, Matthew Mezinskis. Show Sponsor: Debifi - https://debifi.com/ Donations to Porkopolis Economics via BTCPay are appreciated: https://donations.porkopolis.io/ Host: Matthew Mezinskis https://porkopolis.io Twitter: https://x.com/crypto_voices?lang=en Show content is not investment or financial advice in any way. #gold #investing #economics