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
Receive these posts via email :

Monday, September 12, 2011

Gold Prices Trapped in a no Mans Land says Phil Streible

Gold Prices Trapped in a no Man's Land says Phil Streible, senior market strategist at MFGlobal, He says there is slight more downside risk to the gold price but that prices are trading in a tight volatile range.seems like some deflationary aspects is coming into the market today , but if we break through about $1875 to the upside that upward momentum should carry us back up to the contract highs and if we close there I think the $2000 and $2300 is back in the cards

1 comment:

Gold and Silver blog