No. of Recommendations: 7
Grab your socks,
Gold is now at $4054 per troy oz (for those who are saddled with that arcane metric thing, that's about $130.62 USD per gram).
Bitcoin (imagined money, or not) is over $123K USD
These are not prices based on presumed inflation, but rather on the implied threat to the value of the USD that a bond default would inflict.
Interestingly, the US Dollar Index is at about 99 - which means, either there are two views on things, or there is an implication that a default oon the USD will bring all boats lower.
Jeff
