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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Friday, March 11, 2011

Buy gold before China pulls the plug

In this video, Francis Schutte, Founder of Goldonomic.be, tells James Turk, Founder/Chairman of GoldMoney and Director of the GoldMoney Foundation how he got interested in gold in the Seventies and Eighties. Neither of both accept Ben Bernanke to increase interest rates like Paul Volcker did in the Eighties. The United States would not be able to absorb a rise in interest costs. Not raising the rates would lead to Weimar style hyperinflation, according to James.

Gold and Silver blog