American Bonanza Gold Corp ABGFF

Predicting a gold default?

[Antennae1]

Max Keiser offers something to think about... $5000 gold, if you can find it.

Speaking personally, he makes good sense.

Published on Apr 25, 2013

In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the season for CRASH as algos reading Twitter cause a hack crash in New York; ghost traders in the shadow banking system cause gold 'slaughters' in the precious metals markets, and Joe Weisenthal seeks smoke signals from the Pope of Fraud, Ben Bernanke. In the second half of the show Max talks to Andrew Maguire about precious metals markets, manipulation and failures to deliver.

https://www.youtube.com/watch?v=VVdHsAWDrAk

[bizwiz]

Regarding the fisrt statement, it has again caused me to wonder at what price the eons of accumulated supply start kicking in to take advantage of the price. Since gold is perpetually recyclable and has been produced since the start of recorded history, the quantity is non negligeable... Although with price improvements individuals hope for more...To be honest, the metal despite being associated

[Antennae1]

The entire amount of gold mined since the beginning of recorded history -- all of the above-ground gold in the world today -- would barely fit into an Olympic-sized swimming pool. So the amount of gold in circulation today, considering steady increases in demand (for physical, not paper), can be labeled "negligible". And it's been rightly speculated, and in some cases proven beyond