clipped from www.financialsense.com
http://www.caseyresearch.com/images/53294310GoldIsDwarfedbyGovernmentInterventions.jpg

Let’s make this chart very clear. Of the $5 trillion in gold ever mined…

  • The U.S. government has thrown over twice as much at the economy in the past 12 months.
  • The U.S. debt is more than double this amount so far this year.
  • Total global government bailouts are almost four times larger (and this is a conservative figure; one estimate puts it at $24 trillion).

The implications are undeniable: when the greater public rushes into gold – whether in response to inflation, dollar woes, war, whatever – the price will be forced up by an order of magnitude.

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