RE: Back to the gold standard?

For the purpose of statistical data, financial companies or those involved in the study of gold as a security, gold metal already mined, converted into bullion and then transferred to a vault is considered as a reserve. Unfortunately, the gold mined in Africa does not stay on the continent and does not form part of the reserves of those countries; on the contrary, almost everything that is mined there is resold or taken by Chinese, European or American companies.