The problem of the debt ceiling is back: http://www.gmanetwork.com/news/story/327571/economy/finance/obama-urges-congress-to-pass-budget-raise-debt-ceiling
Too busy trying to understand the words of Bernankeâ¦so the market has forgotten about this: http://uk.reuters.com/article/2013/08/27/uk-china-economy-g-idUKBRE97Q02M20130827
That is the interest rates date of the top.
It seems to me that the whole metals market is showing an interesting work of accumulation. The aluminum for the third time since June has come back into area 35 and the copper is clearly drawing a head and shoulder figure.
Itâs interesting to note that in the last days the stock prices of Alcoa and Caterpillar have recovered from the long term key supports. Rebound in sight for metals?
How will the debt ceiling impact on TBond? For me it will be bullish (for gold too). http://money.cnn.com/2013/09/10/news/economy/debt-ceiling-bills-coming-due/index.html