Standard & Poor’s downgrade of U.S. debt appears likely to bring back the secular bear in stocks, and even to derail the breathtaking rally in Treasury debt. However, I doubt that it will much affect December Gold’s predicted move to at least 1728. The chart is persuasive on this point, so I’d suggest having a look at today’s tout if you need to be reassured. I will update in any case after the markets have opened on Sunday evening.
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gold and silver