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
Saturday, February 26, 2011
Gold and silver as settlement currencies
Ned Naylor-Leyland, Partner at Cheviot Asset Management, and James Turk, Founder/Chairman of GoldMoney and Director of The GoldMoney Foundation, discuss the practicalities of implementing gold and silver as money. Ned sees a role for gold and silver as so-called settlement currencies. Watch the whole 21-minutes interview at http://www.goldmoney.com/naylor-leyla.
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