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 :

Saturday, November 2, 2013

GOLD, SILVER & BITCOIN: A "Rebel's" Portfolio?

Physical gold and physical silver are precious tangible assets, and both of these monetary metals have been treated to a rough patch in price over the past couple of years. Sure, this makes them an even better buy, but the real salt in the wound for silver & gold bugs is the price action in the crypto currency Bitcoin, which has skyrocketed from around $9 to a current price of around $200 this year alone. That's the price action we ought to have seen in silver if it traded as freely as Bitcoin. In this interview with Justin O'Connell from GoldSilverBitcoin we try to get to the bottom of what's causing Bitcoin to rise so high, and ask the fundamental question: Should Bitcoin be a part of a monetary rebel's portfolio?


Gold and Silver blog