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
Thursday, December 19, 2013
The Bull Market of the 1970's had a 44% correction in the Gold Market.
If that were to repeat itself again, gold would be at 1065. We shall
see if this is the case this time.