Money is everywhere. Imagine if you could take all the paper currency in the world and put it in one place! Then there’s all the gold bullion, which would surely fill the major sports arenas, not to mention precious stones, of which there are tons! It is estimated there is more than $300 trillion spread around the world. Below are some of the locations where a lot of the world’s wealth is located.
The capital city of the UK, here you will find (if you are lucky) huge vaults full of gold, silver and platinum. All the trading venues have gold reserves in specially built vaults; this is necessary to cover the huge trades that are made. London is also home to some of the top jewellery collections, with the Crown Jewels being a good example. JP Morgan keeps 155 million ounces of silver to facilitate trading on metals futures, which is more than little! Diamonds are a girl’s best friend and De Beers have 40% of the world’s diamonds under lock and key somewhere in the bowels of the City of London.
Federal Reserve Bank, New York
There are said to be at least 550,000 bars of gold bullion deep inside their Manhattan vaults, which is an astounding collection of wealth. That is more than $200 billion in value; the mind boggles with what you could do with that! Some say the Fed Res have no gold, but we’ll never really know! If you are looking to acquire gold, you can also go to the Brisbane gold dealers at City Gold Bullion, for example. They are always ready to trade at spot prices. You can find dealers in your location through a quick online search.
Of course, there are many tons of precious stones that have yet to be discovered; Myanmar is the capital for rubies, while Columbia has the majority of the world’s emeralds and South Africa has the most unmined diamonds. Sapphires are found in Madagascar, while the Argyle Mine in Australia is the location of the best pink diamonds.
Department Of Energy, Arlington, Texas
This is where the world’s plutonium is stored; worth an amazing $10,000 an ounce, this facility hosts 6,000 plutonium pits and the value is astronomical.
This country tops the bill for both diamonds and platinum, essential in the manufacture of flat screen TVs and there is said to be a huge store of this precious metal. It is impossible to estimate how much platinum is still in the ground, while diamonds are also abundant.
The various royal families on the continent obviously have vaults where they store their gold and while we’re on the subject of wealth, think of all the oil yet to be found in this region of the world. Many of the best jewellery collections are housed in Saudi Arabia and UAE, these items have been handed down through the generations, while some were stolen and others auctioned off in Paris, London or New York.
If you are looking to add to your investment portfolio, search online for a leading gold bullion dealer and take advantage of rising prices.