"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?
Add to My Watchlist
What is My Watchlist?