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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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.

1 comment:

  1. Roy D. SlaterOctober 7, 2011 at 5:01 PM

    I've been thinking about cashing in on some old gold items that I've had for a while now. Should I wait a while longer to sell? I've had a few friends who have made some good money selling gold. What should I do?

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