Zion Oil & Gas Inc (ZNOG)

[Rainman19]

Hang in there flatron...All the gold in the world plus all the gold in the ground measures about 250,000,000 kilograms. This is equivalent to 8,800,000,000 ounces. Multiply this by the price of gold at 1000 and you get 8,000,000,000,000 or roughly the value of M2. Of course, the US money supply has increased of late, so to match this increase, the price of gold has gone up. ie gold 1180, M2 10,384,000,000,000. The thing is, each dollar increase in M2 is multiplied about 10 times over by fractional reserve banking. This should result in an enormous increase in economic activity world wide. The US dollar will be with us for a long long time. jmho