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 2, 2010

Holiday Year End Melt Up Stocks, Precious Metals & Commodities up, one can only assume that we are in a "Year End Meltup". With China & Russia giving up on the dollar, the question is when will the US economy face the same type of inflation that is now devastating food prices in China. QE2 to infinity is not a sound economic policy. Other countries will only allow the exporting of Inflation for so long. When other countries, like Russia and China, begin to move away from the USD, what contingency plans to we have left.

Gold and Silver blog