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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Monday, June 13, 2011

Gold as constitutional money

James Turk director of GoldMoney Foundation interviews Sean Fieler about IRS treatment of gold at the federal level is a big impediment to using gold and silver as money.
Sean Fieler : "...what gold lacked for so long is a little more credibility the realizing that it is not just people at the margins that are concerned about this who think this the solution but this is the logical given the problems we have "

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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