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10 key points about gold

10 key points about gold

1.- It costs 7.8c to create a C note(100 USD bill), 2 grams of gold(spot price roughly $80) costs roughly $75 to mine.
2.- US national debt is increasing by between 1/2 and 1 trillion USD annually.

3.- Annual gold production for the past few years has averaged 2500 tonnes.
A New Gold Standard - Robert Zoellick

A New Gold Standard

A New Gold Standard?By Shane Carroll / Goldbank.ieRobert Zoellick Head of the World Bank since 2007 has called for a discussion on a new Gold Standard in an article in the Financial Times this week. Since 1971 when the US effectively…
Great Reasons To Buy Gold

Great Reasons To Buy Gold

Great Reasons To Buy Gold1. Ireland's economy.Soaring unemployment, unsustainable debt and a government unwilling to take the action needed to help Ireland recover.2. Anglo Irish Bank.Need we say more - whether its €32 billion…