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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Monday, December 19, 2011

The Euro collapse weakens Gold as Investors rush to the US Dollar

The Euro weakness weakens Gold as Investors rush to the US Dollar : The Euro is now under threat as the markets take a terrible loss The Euro is in a tail spin at the moment , the french prime minister Alain Jupee goes to announce that Europe is under threat of wars if the debt crisis is not solved , this shows how deep the crisis is and how delicate the situation in Europe is at the moment which is causing the Euro to slump and the investors are jumping back to the US Dollar , this US Dollar strength causes Gold to pull back , although all the fundamentals for a gold rally are intact such as inflation job numbers etc...

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