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's 2014 Rally May Not Signal a Trend for the Troubled Asset

Gold prices are gaining nearly $10 on Friday, putting the yellow metal up $30 for the year, but Kitco Global Trading Director Peter Hug tells TheStreet's Joe Deaux that investors should beware that this may not be a trend. Gold lost more than 28% of its value in 2013 and the first two market days of the year have been thinly traded. Additionally, Hug says the price of platinum, which is selling at about a $180 premium to gold, may have gotten ahead of itself.


Gold and Silver blog