u.s. too big to fail, page-28

Hotazel

Paper money shorting gold clearly, more than likely naked. If the likes of GS or JPM get burnt then fed bails them out in exchange for protecting USD - just my take on it.

Sooner or later it will fall in a heap

I for one would certainly rather hold gold long term than USD$. Gold isn't going to turn around and default or simply refuse to pay you back.

Surely China is smart enough to see the writing on the wall holding USD and debt. Is this working in their favor though, allowing them to load up on artificially surprised gold before dumping USD and debt ?

Amazed the likes or NCM and Barrick haven't spoken more publicly about this