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, August 17, 2010

Scott Carter : Economy sinking, buy gold stay afloat

As the economy continues to sink, gold's price has continued to rise and it has climbed to its highest level today. Scott Carter says that gold is a very long term cycle; the conditions that have contributed to the gold market have been extremely favorable. When the United States' economy catches a cold, the entire world catches pneumonia. He adds that there is a large concern over paper economies, such as the United States, which tends to lead to investors buying gold.

Gold and Silver blog