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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Monday, January 6, 2014

Gold Prices Stabilize but Downside Momentum Remains a Risk

Gold prices are little changed on Monday, suggesting the price has stabilized in recent days, but RJO Futures Senior Commodities Broker Phil Streible tells TheStreet's Joe Deaux that downside risk remains for the yellow metal. While gold gained some $30 the first two trading days of the year, the price could take a hit if upbeat economic data continues to show the U.S. economy is improving. If the price dips back near $1,200 an ounce, Streible says cheaper gold could encourage more physical demand



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