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
NEW YORK (TheStreet) -- Phil Streible, senior market strategist at Lind-Waldock, says that gold prices are ignoring news out of China, for now, but that consistent rate hikes could drag on prices over the long term.
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