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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Wednesday, June 13, 2012

IMF Statement Boosts Gold

On last Monday the IMF made a statement saying that Gold is a safe asset , this has cause gold prices to spike as this is a good news for the gold , and with all the financial crisis around the globe and particularly in Greece and Spain and the rest of Europe people are looking for safe assets where they can put their money , it has been reported that there are bank runs in Greece and in Spain recently , people in Greece alone are pulling around 1 billion euros a day from the Greek banks before the coming Greek elections which will decide if Greece stays or leaves the eurozone ....

Gold and Silver blog