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Gold and the Debt Ceiling Deal

By: Decomposed in ROUND | Recommend this post (0)
Mon, 01 Aug 11 5:00 PM | 38 view(s)
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Get a load of what gold did when Obummer announced that there had been agreement on the debt ceiling last night!

But note how it is creeping back up - as the chances that the House actually might not approve it begin to sink in.

My hunch, though, is that the House *will* approve it. Boehner and McConnell aren't really interested in small government. They're just typical politicians, looking to save face and win their next election. I expect the compromise, whatever it is, will pass.

Too bad for our country. 


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Gold is $1,581/oz today. When it hits $2,000, it will be up 26.5%. Let's see how long that takes. - De 3/11/2013 - ANSWER: 7 Years, 5 Months




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