Transfer of Wealth
Source: http://feedproxy.google.com/~r/YourFinancialFuture/~3/BicgHV67rSo/Posted on Saturday, June 27th, 2009 | In Gold Markets, Market Commentary
Alex#8217;s Notes: This short paragraph is a homerun:
It is interesting to note that only 160,000 tons of gold has ever been mined from the face of this planet and at US$950 per ounce, it is worth US$4.9 trillion. Now, consider that the total amount of paper money in circulation (currencies, savings, deposits, money-markets and CDs) [...]div class=”feedflare”
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Last 5 posts by Alex Stanczyk
- Sprott: US Gov Dead Man Walking - October 21st, 2009
- Bank of England Governer: Regulation can not stop bank failures - October 21st, 2009
- Dollar Dead-Pool - October 15th, 2009
- Barclays: Gold can go to $1500 - October 7th, 2009
- Gold passes $1040 – Silver Passes $17 - October 7th, 2009
 About Alex Stanczyk (http://rapidtrends.com/blog)
Alex Stanczyk is the editor of Your Financial Future. Mr. Stanczyk has launched numerous businesses, acted as the CEO of a Publicly Traded US Company, and brings over 21 years of business experience to YFF. He has authored numerous articles, mentored hundreds in personal finance and wealth building, and spends at least 4 hours each day studying the global markets, drawing insight and conclusions from the flows of global commerce. As an Affiliate of Anglo Far East Bullion Company, Mr. Stanczyk specializes in teaching foundational principles of money, the gold market, and why gold has been a storehouse for wealth for thousands of years. |
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