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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Thursday, December 23, 2010

10 great reasons to own gold and silver.

Here are ten great reasons to own gold and silver in the current economic climate.
I loosely created my video around this recent article by Eric Sprott
http://www.sprott.com/docs/Reports/re...

1. GOLD IS RETURNING TO ITS TRUE HISTORIC ROLE AS MONEY
2. THE INEVITABILITY OF A COLLAPSE IN THE U.S. DOLLAR
3. OTHER SIGNIFICANT WORLD CURRENCIES OFFER NO REFUGE
4. THE DESTRUCTION OF GOVERNMENT BALANCE SHEETS AND THE WIDESPREAD IMPLEMENTATION OF ZERO INTEREST RATE POLICies MAY ULTIMATELY RESULT IN HYPERINFLATION
5. THE TRUE IMPACT OF THE MALIGN SIDE OF DERIVATIVES HAS YET TO EXPRESS ITSELF
6. INVESTMENT DEMAND FOR GOLD IS RAPIDLY ACCELERATING BUT WE’RE ONLY IN THE EARLY STAGES OF THIS PHENOMENON
7. GROWING RECOGNITION THAT MANY PAPER GOLD PRODUCTS DO NOT HAVE THE GOLD BACKING
THAT THEY PURPORT TO HAVE
8. MINE SUPPLY IS NOT ANTICIPATED TO RISE FOR SEVERAL YEARS, IF AT ALL
9. CENTRAL BANKS ARE NEARING AN INFLECTION POINT WHERE THEY WILL NO LONGER BE IN A POSITION TO SUPPLY THE GOLD NECESSARY TO KEEP THE MARKET IN EQUILIBRIUM

Gold and Silver blog