RE:You can buy gold certificates?soundandfury wrote: That way they can sell 100 times more gold than there actually is ...........i expect the same thing can be said for most commodities and even stocks.......how is it even possible to short a company 140% of the issued shares..........i read that short sellers can actually create their own shares of cpg to short because it takes 3 days to settle the trade........haha
what good is a gold certificate if there is no gold to back it up...........paper money is also worthless because the only thing backing it up is goodwill.......just look at canadian dollar.......after 400 billion cad put into economy our exchange rate went from .75 to .79.......how is that even possible.......the more money they print the more its worth