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Vatican
Wealth
Valued

N.Z.P.A.-A.A.P.
LONDON, MARCH 26.
   The most conservative estimates had established the Pope as far and away the world's largest shareholder, the "Economist" reported to-day.
   In a survey of the Vatican's wealth, the Rome correspondent of the "Economist" said it, had a portfolio of quoted securities the world over totalling at least 2,000,000,000.
   Of this about one-tenth was held in Italy.
   The Vatican was therefore an international financial power of formidable size.
   Its reliable assets were roughly equal to the official gold and foreign exchange reserves of France.
   By comparison the portfolio of England's Church Commissioners was a mere 213,000,000.
   Even the dollar securities held by the British Government, valued at something over 1,000,000,000 dollars, were only about one-fifth of the Vatican's "little nest-egg" of marketable stock.
   As investment portfolios went, the stock was exceeded only by the largest American mutual life insurance companies, he said.
   "And while this estimate is very rough indeed, based on upward extrapolation, it is also conservative," said the correspondent.
   "It takes no account of the Vatican's additional and incalculable wealth, from land and real estate all over the world to what is equally certainly the world's most valuable art collection."

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Note: The above article came from brother Wilson's archives this particular cutting was dated around the 27/3/1965. This article no doubt puts to shame the so called prosperity/word-faith/God made me a millionaire theology.

The Roman Catholic (System) Church has no poverty mentality nor does her children, the prostituting churches of Christendom....(click here).
  • Think very carefully before you join yourself to a church you may be joining yourself to The Mother of Harlots-The Devils House......selah!

    13.02.2005
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