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 28, 2011

James Turk : what would you rather own – gold or the dollar?” Or the euro?

James Turk :  “It is very important that demand in Asia for physical metal has reappeared,” “I continue to be amazed how the Asian buying adjust so quickly to the rising gold price.” “Clearly people are worried about the train leaving the station without them, so demand for physical metal adjusts quickly to the reality of higher prices,” “After all, what would you rather own – gold or the dollar?” Or the euro? " - in www.beaconequity.com

Gold and Silver blog