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 :

Tuesday, December 3, 2013

Gold Headed Lower

Gold continues to slide and Greywolf's Chief Technician Mark Newton thinks it could fall further.


1 comment:

  1. While speculators may sell. I suspect that people who bought gold for insurance will not sell (almost regardless of price).

    I am also wondering what percent of the gold decline is due to manipulation of paper speculation vs. actual demand for the physical metal.

    ReplyDelete

Gold and Silver blog