CapitalHubs

Debt ceiling, SPX & Gold

SP:SPX   S&P 500 Index
4
Over the previous debt ceiling debate the market witnessed severe correction prompted by the lowered US credit rating. The gold, usually perceived as safe haven, gained some 27% in contrast (note that the spike in gold was shorter than market correction). Currently, the renewed buzz around debt ceiling rises the question whether the gold could be winner again.

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