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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Wednesday, August 3, 2011

Gold Hits Record High Of $1,672 & South Korea Buys 25 Tons!!!!

Gold hits yet another all - time high at $1672/oz and it seems unstoppable as Central Banks acrosse the world continue to buy gold and move away from their US dollar reserves and US treasuries . Gold and Silver continue to rise , and we will likely hit the $2000/oz mark way before the end of this year

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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