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, July 21, 2011

Jim Rogers : GOLD price is going to go much higher no matter what happens

Jim Rogers :  I do not have a forecast I am just watching , if the dollar turns to confetti then you pick the number there is no number of how high it will go if it continues to be priced in US Dollars ,so it is not a question I even think about , because  I am just watching to see how the world evovlves I know it is going to go much higher no matter what happens , if the world turns paper money into confetti which look like it might do then there is no top for gold and silver and real assets 


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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