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, December 31, 2013

The Case for $1,000 Gold in 2014


Gold settles in 2013 with its largest percentage loss since 1981, and bears of the yellow metal say further declines are in store for 2014. Independent metals trader Eric Zuccarelli tells TheStreet's Joe Deaux that he wouldn't be a big buyer of gold until the precious metal hits $1,000 an ounce. At around $1,200 an ounce at current price, that would leave another $200 to the downside before Zuccarelli would be a buyer. For perspective, gold lost more than $450 in 2013.


Gold and Silver blog