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
Thursday, May 28, 2009
Gold May Test $1,200 in Months
Gold is probably on the verge of a fairly sizable breakout to the upside, says Matt Zeman, trader at Lasalle Futures Group. He tells CNBC's Karen Tso that the precious metal may test $1,200 in the coming months.
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