Hedge funds’ short positions in some Treasuries futures – contracts for the purchase and sale of bonds for future delivery – have recently hit record highs as part of so-called basis trades, which take advantage of the premium of futures contracts over the price of the underlying bonds, ...
Its not what you believe that counts, its how the markets will act. If market participants elect to hedge against future monetization, this would increase velocity. The increase would show up mostly as a rise in the gold price, and it would feed into other commodity prices as well. So let...