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
Gold fell for the second consecutive day, as Fed Chairman Ben Bernanke's comments at a Washington Economic Club meeting eased worries that an interest rate hikes could happen any time soon. Gold for December delivery dipped one half of one percent, or $5.40 an ounce, in New York trading, ending the day at $1,163.40 an ounce.
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