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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Sunday, December 19, 2010

In France Silver is Money

French Lesson For Silver Bugs

Flash news on Silver Bullion
Silver is not currency but rather money!! You cant print silver but you can print currencies. 

- Later this year, the United States Mint will begin offering to silver bugs a new silver bullion investment coin. The silver coins will feature the designs of the America the Beautiful Quarters and contain five ounces of .999 fine silver.
- The Perth Mint has achieved another sell out from the popular Australian Lunar Gold and Silver Bullion Coin Series The success of the annual Series, which features the animals of the ancient Chinese zodiac, is highlighted once again with the 300,000 mintage of 2010 Year of the Tiger 1oz silver bullion coin now sold out.
- A 1794 silver dollar will highlight the Collectors' Auction to be conducted Oct. 15 by Scotsman in conjunction with the Silver Dollar and Rare Coin Expo in St. Charles, Mo.

This was "French Lesson For Silver Bugs"
Silver is sound-money, the other is fiat-currency.

Before 1971 you could call todays fiat-currency for money, becourse it was backed up with gold.

All currency today world wide is Fiat-Currency, none of them is money after 1971 more or less !!

All national banks today is backed up to the US$ as they see as a fictive reserve.

Fiat Currency took the worlds nations/goverments about 50 years to make people as us accepted/get use to it.

Thats why today Fiat Currency is a illusion of value !

Gold and Silver blog