Federal Debt Prediction: Dollar Bearish, Gold Bullish

Mark O’Byrne submits: Gold: Gold traded positively overnight and into early morning trading and currently trades at $948.50/oz. A cold warning concerning the US’s worsening debt situation was released yesterday through the federal debt prediction. Figures revealed a total prediction of its 10-year deficit to be $7,14obn. That’s $2,000bn more than that forecast back in [...]