GOLD 0.51% $1,391.7 gold futures

gold and debt

  1. 163 Posts.
    So it seems pretty obvious, according to the posters here, that gold is set to skyrocket up to $5000 in a short period of time

    It also seems obvious, according to the posters here, that the vast amount of money being printed will lead to hyperinflation and paper money becoming worthless.

    So who has put their money where their mouth is and gone short paper money/long gold by borrowing as much as possible to buy gold? Surely it would make sense to borrow as much paper money as possible - after all, it will suposedly be worthless soon - to buy gold? Give it a few years, and you will be able to sell a fraction of your new gold at 5x the current level to pay back the loan of worthless paper money (plus a % interest, which is at record lows) and keep the rest of the gold which will be at record prices. Free gold, right?
 
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