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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Thursday, August 11, 2011

Gold to go to Inflation adjusted high of $2400/oz in January of 1980

The factors that continue to prop up Gold, are low interest rates will be around the next 22 months and we're looking at global economic issues driving gold to record highs not only in dollars but euro, sterling, yen and one many see gold prices continuing to rise towards the inflation adjusted high and the $2400 mark

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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