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Inflation is just what you want when your debt is denominated in the currency that is being inflated, though. The more inflation the easier it will be to service the debt.

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That's why everyone sane is fleeing into gold and silver.

They're probably too late, it's already priced in. Gold is up like 30% in 3 months.

Being up doesnt show that it's priced in.

Of course not. It being known to the market is what causes it to be priced in.

Thanks, I'll go short gold now since it's going to go down!

Things being priced in is such horse shit. Momentum trading works specifically because the market fails to price in information.

It's a foolish idea to short gold on the eve of a currency crisis. Gold went up 1812% the last time this happened. You'll be paying through the nose if you do it with $GLD since it's hard to borrow. You'll get IV crushed if you do it with put options. The smart way to profit off gold's fall from grace is by selling futures each time it hits a new high and then closing your position quickly after the inevitable ~50 point pullback. Markets can be timid. They sometimes price in new information slowly and reluctantly.

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