All the Gold ever extracted is 160,000 tons (in 2009) , The American Debt = 14 Trillion Dollars = 1.8 All the Gold ever extracted in Human History !!! The monetary mass in the US is increasing by 15% a year ! Total gold divided by people in the world gives each of us 23 grams
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Thursday, April 9, 2015

The Price of Gold Explained. Dont value it in Dollars!








It has never been more difficult to find out the true value of Gold! With every central bank in developed economies hoping to boost inflation, there is sufficient room to speculate that the gold market will make a turn in 2015 and end the year higher than where it started. The US dollar is likely to remain a steadying influences for gold until it collapses. Gold often moves in the opposite direction to the US currency, which is unsurprising since it is quoted in US Dollars! As the Federal Reserve slows its money-printing policy or QE , the the influence of gold should rise. Paper Gold Investors are likely to remain big net sellers over the coming months but you should really hang on to physical metal as a hedge against currency problems. The price should be supported by continued strong demand from China, the relaxation in India’s import duties as well as the prospect that low prices could constrain mine output and supply of 'scrap' gold.

Wednesday, April 8, 2015

The Real Cost of Mining Gold







Mickey Fulp, a Certified Professional Geologist with a B.Sc. Earth Sciences with honor from the University of Tulsa, and M.Sc. Geology from the University of New Mexico. Mickey has 35 years experience as an exploration geologist and analyst searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, oil and gas, and water in North and South America, Europe, and Asia. Mickey worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist for over 20 years, specializing in geological mapping, property evaluation, and business development. In addition to his professional credentials and experience, Mickey is high-altitude proficient and is bilingual in English and Spanish. From 2003 to 2006, he made four outcrop ore discoveries in Peru, Nevada, Chile, and British Columbia. Mickey is well-known and highly respected throughout the mining and exploration community for his ongoing work as an analyst, writer, and speaker. If you would like more information on Mickey Fulp, please visit www.mercenarygeologist.com

Sunday, March 15, 2015

Gold - The Suppression of Physical Gold Price comes from an unforeseen factor






Gold - I mean it just does not add up. Mines are closing so less is being produced and yet demand is sky high plus the physical price is not becoming overly divorced from the paper price as most experts said it would have to. So what is going on? There is a new supplier in town, and he is very secretive.

Gold and silver typically rise together with economic improvements in emerging markets and Europe when the U.S. cannot cope with this pace.The euro has strong positive correlation to gold, they often move together. This third factor is the most important one, because it represents a “pre-indicator” for inflation, central bank intervention in times of crises, real interest rates/financial repression but also for the availability of easy money to push up commodity prices. The growth difference between investment-driven growth in Emerging Markets and often consumption-driven growth in the U.S may lead to a “fear factor” incorporated in such “global imbalances”.

The Fed fights this fear factor with easy money. Between 2009 and summer 2011 emerging markets continued their ascent but high oil prices and the weak housing market hampered the United States. A similar situation happened in the 1970s when Southern America and Europe showed far higher growth than the U.S. because US monetary policy was too easy.

The rise to 2011's record peak of $1,920 came as several of the Arab Spring revolutions descended into civil war, Greece was brought to a standstill by a general strike against the Eurozone's austerity demands, and England suffered its worst rioting of modern times.

Priced in sterling, gold's rise since 1968 has been 40pc greater than its rise against the dollar. Over the past 10 years gold has gained 273pc for British investors against 255pc for US buyers – and its strongest gains came when the dollar was also rising.

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