Silver & the October Surprise !!

Silver & the October Surprise !! With a complete blockage in resolving issues of government budgets and raising the debt ceiling, do not expect the markets to stay in the doldrums for the entire month of October. As the situation becomes more and more critical, the effects of the markets will take hold. The assumption is now that the Republicans will cave in and that is really why the markets are not adversely effected right now. If it becomes apparent that there is a real unresolvable impasse, the markets will react in a very negative way but gold should receive a good blast upwards. Gold often works in inverse of the equities in a very general way. Gold is not an industrial commodity, except in a very minor sense, and is really an alternative, time-tested currency and store of wealth. If investors become fearful of the US dollar, due to concerns about the government meeting its obligations, do expect many investors to flock to gold as a safety, rather than a speculative bet.