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, November 3, 2009

Gold Trades Near Record as Indian Central Bank Buys From IMF

Gold Trades Near Record as Indian Central Bank Buys From IMF


Claudia Carpenter
Bloomberg
November 3, 2009
Gold traded within 0.5 percent of a record after India’s central bank bought 200 metric tons of the metal from the International Monetary Fund, heightening speculation about more official purchases.

“It’s positive in many ways,” said James Moore, an analyst at TheBullionDesk.com in London. “It suggests central banks, rather than being net sellers, are now looking at becoming net buyers. It’s a surprise because everybody was talking about China being the buyer.”

December-delivery gold climbed as much as $12.90, or 1.2 percent, to $1,066.90 an ounce on the New York Mercantile Exchange’s Comex division and was at $1,058.70 at 8:45 a.m. local time. The record was $1,072 an ounce on Oct. 14.

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Via Infowars.com

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