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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Friday, June 19, 2009

How High Gold can go ?

Gold Gains on Weak Dollar , Silver Declines, Platinum Advances :
today Gold rose in New York as the dollar weakened, boosting demand for precious metals as hedge against Inflation . Gold rose to $935.25 in the afternoon still not reaching the $1,032.70 record of March 2008. Gold typically moves inversely to the U.S. dollar so expectations for the dollar of a strengthening dollar in the coming weeks are likely to cap gains in Gold. Silver fell to $14.20 an ounce in New York , Platinum rose to $246.15 an ounce , Palladium gained 1 percent to a record 319,451 ounces yesterday,

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