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
Peter Schiff also explains how to make tons of money in 2011 in his book - Crash Proof .This is a pretty good video of Peter Schiff discussing where he thinks commodity prices are headed in 2011. In particular, he focuses on copper prices. The mainstream will all interpret rising commodity prices to be a signal of increased demand and an economic recovery. Schiff says that this will be the wrong interpretation. It is actually the result of inflation.
No comments:
Post a Comment