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, June 26, 2011

Fort Knox Gold Audit

GoldSeek Radio Commentary with Robert Ian about Congressman Ron Paul bill for auditing the purity of the 700 thousand Gold bars supposedly held at Fort Knox ,this could take 400 people six months to accomplish the task of auditing the Gold . Bill Gross in an interview this week stated that all the money owed to future liabilities an entitlement programs put the US economy in worse shape than Greece , this is not just the 14.3 trillion dollars of the public debt it's the 50 trillion debt estimate which includes medicare medicaid and social security or the 100 trillion dollars estimate that includes the financial bailouts of 2008 and 2009

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)

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