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, August 25, 2009

Time to buy Gold ?

Gold to Rise from the Embers ?

Gold does not pay any dividends , but it is an excellent hedge against inflation and deflation , it is the best way to preserve wealth ....Gold has been "effectively rangebound for a long time," Marco Pietropoli from RM Wealth Management said Tuesday, adding he hopes it "explodes to the upside." He sees gold rising again as the dollar loses its 'reserve currency' status. Chris White from Threadneedle joins the discussion.

Gold and Silver blog