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
Wednesday, June 3, 2009
Gold Rally Reflects Weak US Dollar
The gold rally is reaching its peak, according to Charlie Morris of HSBC Global Asset Management, who told CNBC that gold is “merely reflecting (US) dollar weakness.” Against other currencies, there is no rally, he said.
No comments:
Post a Comment