GOLD 0.51% $1,391.7 gold futures

faber 100% sure of zimbabwe-style inflation, page-4

  1. 2,513 Posts.
    "The U.S. will issue a record $3.25 trillion of debt in the fiscal year ending Sept. 30 to pay for a growing budget deficit, according to Goldman Sachs Group Inc., one of the 16 primary dealers that are obligated to participate in Treasury auctions." Bloomberg

    I don't know enough, but would it be in GS' interest to keep the lid on inflation by shorting paper gold to minimise their exposure to US debt?
 
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