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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Friday, August 19, 2011

Gold on fire as stock markets crash worldwide

Gold Hits Record High as Global Economic Uncertainty Continues .For investors in this economic climate, it seems that all that glitters is gold. The price of gold hit a record high on Friday, as investors are seeking safer assets amid deepening concerns over slowing economic growth and the outlook for euro zone banks. Gold spot was up 2-and-a-half percent at 1,868 dollars 70 cents an ounce after peaking at 1,877 an ounce.It is being called a modern day gold rush, and is fueled by the dismal performance of the stock markets across Asia pacific Europe and North America . The US Dollar is dead, the body just hasn’t hit the floor yet.You still have some time to save your wealth by exchanging your worthless paper for gold and silver.

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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