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 12, 2011

WHY IS GOLD FALLING ?

Gold dropped below $1,661 this morning so why in the world is going on ? Expert Phil Streible says that it is mainly due to the liquidation because of the fact that there are tighter fiscal responsibility coming out of the Euro Zone as they are implementing a budget plan for 2012 so the safety play for gold came out as there are less expectations for inflation Phil says

Gold and Silver blog