Korea Ranks Top 5 in Gold Reserves?
원본 (Korean)
Translation + Context
FT = ForbiddenTome — tap to see Korean slang explained

Korea was originally one of the top 5 gold deposit sites in the world, so even if Japan hadn't looted just this alone, Korea could have sufficiently developed on its own after Japanese colonial rule or after the war. Japan should first compensate for the gold and silver mines they stole.
Labor 2 @nonon_ver2.1 People really don't know this stuff. 1. Korea was divided instead of Japan, which was a defeated nation 2. Korea was originally one of the world's top five gold mines, the largest in the East (lots of gold crowns are found in Three Kingdoms era artifacts...

Excuse me? (Estimated gold seized during Japanese occupation: 311 tons. During the same period, South Africa produced 11,000 tons)
People who only study Korean history seem to really lack a sense of global scale when it comes to world history statistics

Ministry of Land: So Seoul, you're saying we can use half the rebar from now on? ^^
874519 days agoby cozyfox801555
Why Dogs Wear Spiked Collars
1281819 days agoby bubblypanda107636
Forget Starbucks, the Food Trend That's Blowing Up Right Now for real
1011520 days agoby luckysloth848174
A 990-Point English Textbook Example.jpg
682020 days agoby jollybunny169807
A Store That Wanted a 30% Refund Fee
1061120 days agoby snappyduck855211
A Photo Revealing the Severity of Climate Change
761720 days agoby snappypanda737297
Fired from Burger King After 24 Years Over 50 Cents
872020 days agoby luckypuppy897717
The missav site got blocked
100420 days agoby gigglygoat560404
YouTuber Who Attended Reserve Training When Death Occurred Reveals Shocking Scene
147921 days agoby fluffygecko465423
Seunghee, close the door quick
1071721 days agoby brightquail948846
MBC's Past 5.18 Mocking Controversy
731621 days agoby perkycrane527104
The "nono" trend is back again!
1011821 days agoby livelycrow599371
21-Character Legend Comment That Silenced Everyone After This Reserve Military Death
94721 days agoby merrylynx524708
How Kindness Can Destroy Someone: Reader Feedback That Hits Different
1302122 days agoby funkywren267571
An Otaku's Honest Review After Finally Showering Because Their Partner Kept Saying They Stink
1241022 days agoby merryotter495433
Famous Art Museum Poisoned Someone Else's Ginkgo Tree
94422 days agoby breezygecko146294
One Mukbang YouTuber's Major Crisis.gif
96522 days agoby jollybunny169807
The Current State of Our Country's SNS Right Now
721322 days agoby luckykoala631850
Kim Sun-tae Donates 100 Million Won to Chungju Medical Center.jpg
702123 days agoby playfulpuppy230038- —
If Political Drama Gets You This Riled Up
622023 days agoby happynewt526963
8 comments
That was annual mining output, not reserves, being ranked 5th one year—they just remembered it wrong due to a knowledge gap or poor comprehension
Going too hard on nationalist pride actually backfires...
this is why korea always seems so financially secure, they literally have the goods to back it up 🏆
Gold and silver production, along with the chemical processes to separate them from alloys, essentially functioned as the standard for currency rates in pre-modern times—so the Joseon government heavily restricted gold and silver production itself (banned the gold-silver separation technique, which then leaked to Japan anyway). But on the flip side, actually producing money (silver) meant economic vitality. So not minting as much probably hurt Joseon long-term (especially given the national policy of keeping productivity deliberately low). That could explain why there was a phenomenon of 'why aren't these guys mining gold' through the 20th century. Plus, as technology improved, so did the ability to assess profitability—so late-Joseon reserves would've looked pretty decent comparatively. Not matching South Africa in absolute quantity, but still.
me finding out korea has top 5 gold reserves while i'm out here broke af 😭 the wealth inequality is INSANE
Even if Japan got partitioned, there's no guarantee Korea wouldn't also be divided. And even without division, Soviet influence would've surged in East Asia—wouldn't a communist takeover be likely? The Cold War split things in half with that US(+US-occupied Japan) vs. China-Soviet structure, and it'd be the same with China-Soviet(+Soviet-occupied Japan) vs. US(+part of Japan). How Korea survives that? You want that under Kim rule?
Geographically stuck between China and Russia, communization was inevitable fate for Korea. Even looking at late-Joseon's national power, a weak state had no way to stop it regardless of whether Japan interfered.
Japan probably would've just had all of East Asia naturally absorbed under Soviet control if it hadn't acted up. The US wouldn't have had any justification to get involved.
wait what?? i always thought korea was just about tech and kpop, had no idea they were sitting on that much gold lol
That wasn't reserves—it was annual mining output, hitting around 30 tons at peak, which was top 5-6 for a few years. But South Africa was insanely hoarding like 40-50% of global gold mining output, so comparing only those two is unrealistic. For countries in the top gold reserves rankings, you also gotta account for the fact most have huge landmasses. North Korea's estimated 10th-rank gold deposits are actually upper-tier relative to land size. As for Japanese colonial exploitation—the stupid stuff King Kojong did, draining his own pocket fund and handing over map hacks and Unsan Gold Mine to everyone, that's on him, not Japan to blame. Even if Japan didn't plunder, Russia or Qing China would've just taken it instead, or if he got lucky and avoided looting entirely, foreign development companies would've eaten most of it anyway and Kojong would've blown his scraps on gun salutes at Gyeongbokgung Palace and supercars.
The partition thing—if Japanese military couldn't invade the continent, whether China would go communist is up in the air. The 'what-ifs' never end. Even if Japan surrendered in that unwinnable war just a bit earlier, the Soviets wouldn't show up and the North-South partition would play out differently. But Japan's imperial expansion and collapse actually happened—not hypothetical—and while it might not be the direct cause of division, it definitely set the background conditions. It had significant stakes in shaping East Asia's current structure.
honestly this explains why their economy is so stable, they've been quietly stacking gold while everyone else was distracted 💰
nah this can't be right, pretty sure the US and China have way more... unless this is counting something else?