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
Receive these posts via email :

Monday, April 16, 2012

Gold Slowing Down as China Slows

China decided recently to widen its currency trading band by widening Yuan Trading Band this will cause a strength in the dollar and a weakening of the gold prices says Phil Streible , with China slowing down it is going to cause a downdraft in the gold market that's what we have already started to see as China's GDP figures starts coming off the 10 percent to 8 percent he says , this definitely has an impact on the gold market

Gold and Silver blog