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, October 15, 2013

Alasdair Macleod -The Deflationistas Are Wrong

Alasdair Macleod of GoldMoney.Com, discusses:

(1) How the deflationistas are wrong in regards to inflation. He cites the example of the Icelandic debt default situation (where they experienced INFLATION).

(2) The gold + silver smackdowns.

Gold and Silver blog