| The end of the U.S. debt ceiling saga gives way to other worries, opening the door for much higher gold prices. It took until the last minute but the threat of economic Armageddon finally spurred Democrats and Republicans in Congress to reach a compromise to raise the debt ceiling.
The new legislation will increase the debt ceiling by $2.1 trillion to $2.4 trillion in three installments, and all but ensures that there won’t be a need to raise the ceiling again before 2013 or after the next presidential election..............................................Full Article: Source
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