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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Saturday, September 24, 2011

David Morgan Gold & Silver Panic Report

Silver Guru David Morgan joins Kerry Lutz to discuss the recent crash in gold and silver market silver went down almost 25 percent in two days Gold also lost almost $150 in a week and is down $250 from its all time high of a couple of weeks ago , we are in an extremely over sold market says David Morgan , but these are sell off mostly due to the fact that these are highly leveraged markets , the moves in these markets are based on the paper market they are based on the futures and options markets and ETFs they are not really reflective on the fundamentals of the physical gold and silver markets

Gold and Silver blog