Posted on 10/17/2013 7:37:03 AM PDT by whitedog57
The fiscal drama in Washington DC is over … until January 15th when they have to do it again. In fact, there is no “Rocky” celebration.
USuscdseur credit default swaps (CDS) barley fell.
The US Treasury 10 year yield dropped 5 basis points as of 10:18am EST.
ust10101713
The VIX? Barely a small wave in the ocean.
vix101713
Bloomberg Confidence Index? Lowest since 2011, the last time Congress has their budget duel.
BBExpectations
The only noticeable change was in gold which rose 3% this morning.
gold101713
Remember, we still have a slow growing economy and a dreadful piece of tax legislation (Obamacare) in place. And now President Obama wants MORE taxes to be paid by Americans.
goldmember
Wall Street wants the show to go on, even though they realize it is a pretty lousy show.
Ruger is up $2.60 for a close to 4% increase.
Sturm, Ruger & Co. Inc. (RGR) -NYSE
67.70 Up 2.60(3.99%) 11:29AM EDT - Nasdaq Real Time Price
Gonna dump some cash into silver while I still can. I have a sour feeling in my gut about the American dollar and the economy in general.
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