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, August 7, 2011

Gold could spike to $1700/ $1800 Monday morning when the markets open

This S&P Downgrade might also help send the Gold north of $100/oz $1800/oz and it may increase the process of global holding says Economist Max Fraad Wolff , Gold may become a substitute to the dollar as the world reserve currency



The Maggots will thrive in the rotting corpse that used to be our economy. The vultures and hyenas will feast and fatten on the bloated corpse that used to be our middle class. When the flies hatch and buzz away all that will be left are bones and a greasy spot. Welcome to the new 2 class social order...the elite and everybody else.

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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