''Greyerz - Gold Will React to the $120 Trillion of Additional Debt ''

From King World News

"The prosperity that we’ve had since the early 1900s, to a great extent is governed by massive money printing.  Let’s just take GDP for example.  In the first 50 years of the 1900s, for every dollar of debt about five dollars of GDP was generated.  So five times the amount of debt created was generated in GDP in the US.

Over the last eleven years, for every dollar of debt creation only six cents of GDP has been generated.  That’s six cents compared to five dollars.  That is just incredible"....read more