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
Will we have deflation or inflation, and what is the impact on the gold price? In this video James Turk and Mike Maloney of GoldSilver.com dig deeper into this.
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