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
Monday, November 5, 2012
Gold trading reacts sharply to US Jobs
Price falls in gold trading as US non-farms payrolls jump in October ahead of tomorrow's election .
An ounce of gold is currently fetching $1,695, down $20.50 from the previous session's close of $1,715.50 an ounce. On Thursday, gold fell $3.60.
On the currency front, the U.S. dollar is trading at 80.63 yen compared to the 80.13 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued at $1.2855 compared to yesterday's $1.2943