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, May 11, 2010

Gold Trades Near Record on Debt Threat to Currencies

May 12 (Bloomberg) -- Bloomberg's Paul Gordon and Susan Li report on increased demand for gold. Gold traded near a record in Asia after surging to an all-time high yesterday on investor concern international financial support for indebted European states will depress currencies. Bullion for immediate delivery traded down 0.1 percent at $1,231.50 an ounce at 8:07 a.m. in Sydney after yesterday reaching a record $1,234.50. (Source: Bloomberg)

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