GOLD 0.51% $1,391.7 gold futures

Guys just ask yourself, If your boss would pay in Gold would you...

  1. 727 Posts.
    Guys just ask yourself, If your boss would pay in Gold would you say no I rather take paper money? Most idiots will take the paper money. So now the Boss goes and print more paper money. Obviously the price of gold is now less. The smart one will still say I take the Gold thanks. This goes on and on until the boss has no more gold and the price of Gold goes up. Now the Boss is broke and who ever is taking the gold at that low price is celebrating all Christmas at once. So who do you think is printing money and who is buying Gold. Now all this printing of paper money will obviously create inflation. What can you buy with it? What will happen to the price of Gold then? Just one scenario. I am trying to make this look as simple as i can. You don't need to be a brain surgeon or have a PHD to work this out.
 
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