Thursday, September 15, 2011

Gold and Silver are Going to SkyRocket Based on the Numbers - Calling on Bonds, James Bonds

..............Gross National Debt.....Gold Reserves
................in U.S. Dollars............In Ounces

France......... $2,502,000,000,000..... 85,642,000
Germany..... $2,780,000,000,000..... 119,792,000
Italy............ $2,641,000,000,000...... 86,517,000
Japan....... $18,798,902,400,000..... ...21,640,000
G. Britain..... $3,097,336,617,200..... 0
USA........ $14,750,000,000,000........286,911,000

Totals..... $44,569,239,017,200........ 600,502,000

Total Gold Reserves................ 1,736,490,000
Total Silver Reserves............ 17,434,900,000

Based on today's availability the ratio of
silver to gold should be 10:1..................1,743,490,000
Total ounces of silver and gold based
on the value of gold...........................3,479,980,000

Estimated value of an Ounce of Gold...............$12,807.33

Therefore silver should be valued at................$1,280.73

Why is no one talking about Great Britain? A massive national debt, no gold reserves, the lowest consumer confidence index in Europe, massive unemployment and a housing slump.

Bonds please, James Bonds
Thank you,
Joseph Pede

No comments: