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, August 22, 2011

Ben Davies: Gold price soon to exceed $2,000 per ounce

Ben Davies ( and James Turk, Director of the GoldMoney Foundation, talk about the Gold outlook in the light of the Fiat currency debasement by central banks worldwide . They see gold breaking the $2,000 barrier this year and moving exponentially. Ben Davies explains that he uses a power-function model to analyze the price of gold, based on Benford's law.

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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