Does this not ADD up

texan connection

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TEXAN Connection said:
If there is only 4.5 Trillon Dollars worth of gold in the World, Doesent it seem Prudent to bet on Gold being dramaticly under inflated compared to the worlds monetary value???

http://onlygold.com/TutorialPages/All_The_Gold_In_The_World.asp


Maybe I dont understand


Exactly. I wonder how much "money" is floating around the world. I have read that the value of all the "derivatives" actaully is higher than all the "money" in existence.

I don't understand how that could take place, but who knows.

Silver and gold will eventually be worth alot more than they are now I believe.

Jim
 

I believe I heard that all the derivatives totalled 600T- don't quote ME though.
Someone else said that all the assets on the planet valued in at 100T- I think derivatives are bad news.
HH Mark
 

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