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 :

Sunday, September 29, 2013

MIKE MALONEY : $2,000 or $5,000 Gold is Absurdly Low - Gold Price Will Double the Dow

Mike Maloney: $2,000 or $5,000 Gold is Absurdly Low - Gold Price Will Double the Dow



Mike Maloney of GoldSilver.com says our monetary system is doomed. Maloney contends, "It's a 100% failure rate. No fiat currency has ever survived, now all of them are fiat. So, this shift will be the most dramatic in world monetary history. It's going to be the world's greatest wealth transfer in history. Therefore, it's the greatest opportunity in history." So, how high will gold go? Maloney says, "The more you study it, predictions of $2,000 or $5,000 gold becomes absurd. It's absurdly low." Join Greg Hunter as he goes One-on-One with precious metals expert Mike Maloney and producer of the new video series "Hidden Secrets of Money."

Gold and Silver blog