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400 billion dollar a year wealth transfer from savers
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John Burns
Posted 12/20/2013 06:15 (#3532638 - in reply to #3531869)
Subject: Re: 400 billion dollar a year wealth transfer from savers



Pittsburg, Kansas

Here is a quaint article about the size of the gold market. If the price of gold went to zero it would hardly be a blip on the radar screen as far as asset prices go.

Notice the date and the price of gold then, and what he thought it could easily go to. I don't follow the guy, but kind of erie.

Tiny size of the gold market.

John

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