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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Thursday, October 27, 2011

Julian Phillips: Gold & Silver Markets on verge of Soaring

Julian Phillips Goldforecaster founder says that the precious market are on the point of soaring given the debt problems news coming from Europe , investors will flock into gold and silver as they are losing confidence in fiat currencies such as the Euro and the US Dollar , for the Euro to retain any form of confidence they will have to ask Greece to leave Julian explains , smart investors do not buy gold to make profit they buy for that rainy day ....what the Euro is going through now is what the dollar will go through in the near future ...physical gold is the ultimate safe heaven because it removes the risk , while the mining shares still carry them....

Gold and Silver blog