Many think that this week’s Standard & Poor’s warning on America’s debt situation is merely a shot across Washington’s bow, made to force it to get its act together, and to start really cutting our debt.
I would love to agree. I would love to tell you right now that Washington is going to take the steps needed to start saving our country.
But the markets are telling us all that Washington, no matter what it does, will not make much of a difference. You can see it in the action in gold, silver, the dollar, and more.