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
The precious metal has gained $44 in just one week, after hitting record highs three days in a row; investors see gold as a solid hedge against inflationary threats.
Not quite huge expectations.. i understand the money supply doubled, but i'm still reluctant to buy.
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