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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Monday, July 26, 2010

Gold below $1200/oz a bargain

Gold softened on Monday, losing some of its safe-haven appeal after the European bank stress test were less bad than expected , but gold price levels below $1200 an ounce attracted even more physical gold buyers waiting for a rebound .

Gold and Silver blog