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
Sunday, September 16, 2012
Top 14 Reasons To Buy Silver
There is only 1/2 billion oz of silver available for the market at anyone time, we use 1 billion per year. When hyperinflation hits there will be Trillions of dollars chasing those 1/2 billion oz of silver. We could see silver shoot past gold ten fold over night.
When the Anglo American silver price suppression scheme ends because the physical demand over runs the shorts silver can go up regardless if there is a hyperinflationary event, that was the example I was making.
In hyperinflation industrial demand of silver will stagnate as the monetary demand skyrockets.
One way or the other silver will have it's day.