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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Sunday, June 6, 2010

Gold May Reach $1,500 by Year End

Citigroup's Heap Says Gold May Reach $1,500 by Year End

Alan Heap, a commodity analyst at Citigroup Inc., talks with Bloomberg's Susan Li about his forecast for gold prices. Heap, speaking from Sydney, also discusses how Australia's proposed mining-profit tax might affect iron-ore and coking coal prices. (Source: Bloomberg)


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