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 10, 2014

Gold to $2300 in 2014: Panama Orange

I like Panama Orange, but to say he likes gold over silver without mentioning the ratio at all discredits his "technical analysis". Past hundred years the ratio is a bit over 50:1, therefore silver is underperforming gold with todays ratio if 62:1. Unless going forward he only thinks the ratio will get greater! 


Gold and Silver blog