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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Sunday, February 26, 2012

Gold Finishes Up 2.93% for the Week, Silver Up 29% Since 1/1/2012


Gold Finishes Up 2.93% for the Week, Silver Up 29% Since 1/1/2012 folks keep on staking gold and silver they are still very cheap because The Great Depression will look like a small blip compared to the economic collapse the United States is about to suffer, according to several experts. But Congress refuses to listen and do what's necessary to stave off disaster. Worse, Congress has been warned year after year since at least 1992, and perhaps before that.The federal budget is structurally unbalanced. This will do increasing damage to the economy and is unsustainable in the long term. Regardless of the approach chosen, prompt and meaningful action is essential. The longer it is delayed, the more painful it will be.

Gold and Silver blog