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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Thursday, March 11, 2010

Hedge Funds Bailing Out of Gold - There is risk of deflation not inflation says Anthony Scaramucci Gold is not going where people are expecting

There is more deflation risk than Inflation , the Gold is not going where people think it will says Anthony Scaramucci, of Skybridge Capital

Anthony Scaramucci, of Skybridge Capital, discusses what's next for gold with the Fast Money traders , There will be no inflation anytime soon without real wage growth , despite the trillions of dollars helicoptered into the economy , without wage growth there is more a risk of deflation than inflation Anthony Scaramucci believes

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