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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Thursday, October 3, 2013

Gold: The Portfolio Insurance




Chairman Ben Bernanke was expected to announce a reduction in the Fed's asset purchase program which is running at $85 billion a month, but a 9:1 vote put off a decision in a move that came as something of a shocker to markets. With tapering put off, gold prices spiked more than $55 and this is likely just the beginning.

Gold and Silver blog