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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Friday, January 3, 2014

Gold Prices Biased To The Upside, But Somewhat Limited `

Chicago-based iiTrader chief market strategist Rich Ilczyszyn checks in with Kitco News to discuss gold's early year rise. Rich tells Kitco News that despite the early year pop in prices, which isn't all that surprising, he doesn't see this price move as a catalyst to $1,500 or $1,600 gold just yet. Rich touches on his outlook for the first "real" week of trading on Jan.6, when trading volumes are expected to return to normal and what direction he expects gold prices to take in early 2014.


Gold and Silver blog