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 :

Friday, October 7, 2011

Gold is the final money will reach $5000/oz

Philipp Vorndran, of Flossbach & von Storch, interviewed by James Turk, Director of the GoldMoney Foundation . Philipp's fund still has a great deal of gold; they consider gold "the final money" and still see a lot of potential for its price. He talks of $5,000 gold price and expects the bull market to eventually reach the same level of enthusiasm and participation as the dot-com bubble in the 1990s.

Gold and Silver blog