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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Sunday, April 24, 2011

The secret behind The Gold, Silver rallies ?

The Fundamentals of Precious Metals Investing with Jerry Robinson and Tom Cloud
The spike in prices of gold and silver has surprised many. At the same time, there are ways to make money on the rallies in both these metals.Trading sentiments for the yellow metal turned bullish on heavy buying support, following turmoil in Libya and surging crude oil prices. While gold surged to more than $1500 an ounce on rising seasonal demand, silver rose to $46.72 an ounce on heavy buying by stockists and industrial units, amid firm global cues. However, such a rise has hardly made any difference in the enthusiasm of the buyers.


Related ETFs : Ishares Silver ETF (SLV), SPDR GOld ETF (GLD) SPDR GOld ETF (GLD), Powershares DB SPDR Gold ETF (GLD), Newmont Mining (NEM), Barrick Gold (ABX), GoldCorp (GG)

Gold and Silver blog