Yahoo!Finance/Filip DeMott/5-14-2023
“Even assuming a deal is eventually reached, we wouldn’t disregard potential growing financial angst as the deadline approaches. In such a scenario, gold looks like one of the few likely candidates that would bear the burden of resulting market flows.” – Christopher Louney, RBC Captial Markets
USAGOLD note: Oanda’s Edward Moya says he would not be surprised at a $100 uptick in the gold price if the U.S. defaults.
