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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Thursday, April 14, 2011

Gold to Rise to $2,200 on Chinese Inflation

Rising China's Inflation is creating an unprecedented Gold Rush amongst the Chinese citizens , The investment demand in gold from China is literally exploding with China becoming the second largest inv. market for gold after India ,Commodities are entering a period where you have to distinguish between industrials and gold or silver. It's a different fundamental story with grains, however, says Brian Kelly, Kanundrum Capital who see $2,200 Gold on the horizon... Silver will certainly follow...

Gold and Silver blog