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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Tuesday, July 14, 2009

Purchasing Gold As The Dollar Shrinks


Gold as a Safe Heaven


Today's Talking Points:

- The Recession is driving the price of gold
- Citibank and Merrill Lynch are currently buying large amounts of gold
- Gold minted before 1933 is not confiscatable and has a higher intrinsic value
- There likely will be more shortages of gold from the U.S. Mint
- Warren Buffet bought the two largest gold manufacturing companies in the U.S.


Today's Talking Points:

- The Recession is driving the price of gold
- Citibank and Merrill Lynch are currently buying large amounts of gold
- Gold minted before 1933 is not confiscable and has a higher intrinsic value
- There likely will be more shortages of gold from the U.S. Mint
- Warren Buffet bought the two largest gold manufacturing companies in the U.S.
Category: News & Politics
Tags:
gold bullion coins investing retirement stock market price investment Canadian Maple leafs IRA Krugerrand
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