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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Saturday, August 27, 2011

Bob Chapman : Gold and Silver shares are going to start really booming again

Bob Chapman : Gold and Silver are going to go back right where they were and go higher , this is a tremendous opportunity for buyers , the stock market is going to go down despite that they will try to hold it up , the bond market is being held up by swap agreements but I won't get into that because it is too technical the ring leader into that is Morgan Stanley they are playing a three card monkey game and the other player with them is the FED of New York are the others ones who are driving bonds higher and yields lower so that banks can borrow cheaper, do not buy a home the trend will be downside for at least another 5 years



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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