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, April 8, 2010

Lihir Gold Rejects Takeover Bid from Newcrest

Ross Garnaut, chairman of Lihir Gold says there were several reasons they rejected a takeover bid from Newcrest including a too small premium. He discusses the other reasons during a phone interview with CNBC's Oriel Morrison.










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