When do the Islamics start buying?..There is Nowhere Near enough Gold for Them, Read This,
If you have 1.6 Billion Muslims who can now buy gold and they each bought only 1 Ounce that is $1,883,200,000,000. (One Trillion Eight Hundred Eighty Three Billion Two Hundred Million Dollars) worth of Gold. If my math is correct, There is 3,150.75 Ounces in a Ton and This comes to 507,815.60 tons of gold needed to meet the new Instant Demand of Gold. Problem is, There is at the Most only 60,000 Tons known to exist and that includes all the gold owned by Every Country in the World and the USA is the Largest holder of Gold at 8,133 tons. Then we have to figure that the Most they can Mine is 2,800 Tons a Year. So Where are these 1.6 Billion Muslims going to get their Gold? Even is 1 Percent buys One Ounce we will blow the Curve....I see Gold Skyrocketing very Soon...How can it not? Its Just Simple Supply and Demand, Right?
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