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, November 24, 2011

James Turk on Goldseek Radio - Nov. 23, 2011

James Turk on Goldseek Radio - Nov. 23, 2011 : the original target was $8000 and the time frame was 2013 to 2015 I still think that that time frame will probably going to be right James says , the central banks are doing an even worse job than what he envisioned when he first made that forecasts ten years ago , the new James Turks target is now $11000/0z for the period 2013-2015 instead of the previous $8000/oz because of what the central banks are doing in debasing the currencies worldwide ..... Gold is not an investment it is a store of value Gold is Money , gold does not have a balance sheet or a management team or anything like that , Gold does not create cash flow , it preserves wealth

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