“Oh, debt ceiling battles… what wonderful political theater you are. The next battle is coming this fall, although no one seems quite sure when. Regardless, it will have an impact on markets, as before, and could send gold shooting skyward. Both parties are expected to dig their trenches even deeper this time… making the fireworks even more explosive than usual. Since the gridlock in Congress seems unlikely to change, expect this to become a new annual national pastime… something like D.C.’s version of the Super Bowl. Get out your popcorn… and don’t forget to keep an eye on gold prices. Remember this chart.”
http://dailyreckoning.com/jack-lew-debt-ceiling-drama-to-return-in-october/
Related posts:
Mob Rule in Boston
The Drug War Murders a Toddler
What does Peace in Europe mean to EU? Farage-Nobel Prize Remix
Rand Paul Will Introduce Fourth Amendment Restoration Act Of 2013
Terrifying Video Demonstrates Bug-Sized Lethal Drones Being Developed By U.S. Air Force
Facebook Monitors Private Messages and Photos, Reports to Police
NYPD stop-and-frisk whistleblowers facing retribution
Obamacare Provision: "Forced" Home Inspections
Famed War Reporter Robert Fisk Concludes "They Were Not Gassed"
Man trampled as hundreds of desperate Greeks scuffle for food
Global elite to criminalize "unexplained wealth" in crackdown on e-cash
Falling Real Yields: A Buy Signal for Gold
I Bought Subway With Bitcoin and It Was Awesome
India To "Look Into" Easing Gold Price Controls
Some Breathing Room for Iran