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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Tuesday, May 8, 2012

Buffett Is Wrong, Gold Prices Will Soar as European Austerity Dies

Warren Buffett is reiterated his stance against buying Gold, after famously mocking the notion in his 2010 annual letter. He noted that the metal had no utility and, that being the case, no value as an investment."Last time we talked, last September or October, you asked what I thought, and I was bullish," "Now it's $1,660, and I'm still bullish. I'm more bullish than ever." Jared Dillian, author of the book Street Freak and the newsletter told Yahoo Tech Ticker

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