2026 TeoTwawKi ... 2032 Darkest Interregnum Message Board

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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 366.51

+1.2%

Nov 5 4:00 PM EST

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To: TobagoJack who wrote (16227)	3/31/2007 11:00:35 PM
From: Slagle	Read Replies (2) of 217547

TJ, On your favorite topic, I was listening to a pretty bright guy today on a radio show, and he says gold has big problems ever getting over $850 because he says at this price level just a flood of the stuff comes out of hiding. He claims that there is a TRILLION dollars worth of gold in India alone, in private hands, including jewelry and personal hordes. This guy thinks silver might be the best bet for now as he thinks it could double. But silver is kinda "bulky" if you know what I mean. <grin> This got me to thinking, I really don't believe that there is anything like an accepted total amount of gold in the world. I have read there is 90,000 tons of "white" gold in the world. But Sterling Seagrave says that there might be three times this much (270,000 tons?) of "black" or clandestine gold in the world. That is a lot. Slagle

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