How apt it was when CBC screened a documentary about gold few days ago, after gold prices tumbled. Although it is rife with conspiracy theories, there must be more or less something brewing in the background for this documentary to be made. Below is the summary of the documentary. I have also embedded the videos in this post for your viewing.
Some facts about gold
- There is only 1 ounce of real gold for every 100 ounce traded in the financial markets
- For all the gold found and if we melt all of it, it is only enough to fill 3 Olympic size swimming pools
- Extraction of Gold from the ground has not changed in thousand of years. It takes 38 man-hours, 1,400 gallons of water, and litres of cyanite, to produce 1 ounce of fine gold.
- In South Africa, 400,000 men digging 2km deep with temperature greater than 130 ...