I am going to short gold
I am going to short gold. With alot of money. Not on CAPS (well, maybe here on the CAPs game) but in real ife. Alot of money. Short.
Because gold has limited uses, if a doomsday scenario plays out where society crumbles believe me nobody is paying up for gold. Food and bullets maybe.
But since thats not coming, and since its really only fear that drives gold (well, fear and trends) because the substance doesn't nearly have uses enough to justify its current price...
slowly at 1000, very slowly, a little more at 1200, and heavily above that I'm shorting gold. In real life. If possible with a levereaged Bull gold ETF.
And thats a fact, folks.