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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Saturday, October 24, 2009

Ahbay Deshpande Gold will go to $5000

Go for Gold: If the Fed Keeps Printing, the Dollar Will Collapse


Gold bugs are buzzing with excitement. While the dollar continues to tank, the cheers from folks like Peter Schiff get louder. Ahbay Deshpande portfolio manager with the First Eagle Gold Fund takes a more measured approach to gold. He says talk of $5000 gold – an idea recently promoted by Schiff on Tech Ticker - is probably premature

Gold and Silver blog