For the past three years I have been buying gold, silver and various mining stocks knowing what the Federal Reserve and our government is doing to debase our currency and steal our wealth. Working during the day and going to school at night leaves me with little funds to sock away at the end of the month. Then it dawned on me, I just thought of the greatest trade ever.
I coined it, the “Stafford carry trade”. My tuition is around $3,000 every semester, why pay for it out of pocket when I can borrow twice the amount that I need with federally subsidized Stafford loans. I have two years of school left and Uncle Sam is kind enough to let me borrow $6,000 per semester interest free until I graduate.
Thanks to my gracious uncle, I can use a portion of the loan to pay my tuition and the balance to purchase silver while he picks up the interest. For the first time in my life, being a lover of liberty, I am actually grateful to my uncle. A few more years from now, when the Bernank is up to QE 666, the $3,000 I’m plowing into silver, courtesy of my uncle’s printing press, will be worth a heck of a lot more than the total amount that I borrowed. Enough even to pay off the entire balance of my Stafford loans and have a nice chunk of change left over, maybe even a small fortune.
I might as well get something out of my college “education” other than liberal brainwashing and government indoctrination. Thanks Bernank and Uncle Sam, for letting me borrow your printing press, albeit for a fraction of a second twice a year, without you the Stafford carry trade would be impossible.
I coined it, the “Stafford carry trade”. My tuition is around $3,000 every semester, why pay for it out of pocket when I can borrow twice the amount that I need with federally subsidized Stafford loans. I have two years of school left and Uncle Sam is kind enough to let me borrow $6,000 per semester interest free until I graduate.
Thanks to my gracious uncle, I can use a portion of the loan to pay my tuition and the balance to purchase silver while he picks up the interest. For the first time in my life, being a lover of liberty, I am actually grateful to my uncle. A few more years from now, when the Bernank is up to QE 666, the $3,000 I’m plowing into silver, courtesy of my uncle’s printing press, will be worth a heck of a lot more than the total amount that I borrowed. Enough even to pay off the entire balance of my Stafford loans and have a nice chunk of change left over, maybe even a small fortune.
I might as well get something out of my college “education” other than liberal brainwashing and government indoctrination. Thanks Bernank and Uncle Sam, for letting me borrow your printing press, albeit for a fraction of a second twice a year, without you the Stafford carry trade would be impossible.
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