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
Receive these posts via email :

Friday, February 25, 2011

Richard Russell: Gold is the Safest Currency

Richard Russell, the man behind Dow Theory Letters talks about the depreciation of the dollar and why he feels safe holding gold at the Casey Research Gold and Resource Summit , What that in the 70s-80s what was driving the gold market was the fear of inflation. Today its the fear of the collapse of the dollar.

Gold and Silver blog