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  1. #1
    Veteran Member Ammeo's Avatar

    First US Govt shutdown in 17 years.. !!!

    Today was first US govt shutdown in 17 years, how will it impact the gold prices, any idea anyone?
    Are we gonna see gold going up again or the USD being annihilated?

  2. #2
    M.J is offline
    Veteran Member M.J's Avatar
    Analysts say that U.S govt will not take too long to resolve issues. If it is true then any significant impact is unlikely.

  3. #3
    Veteran Member hchandra's Avatar
    At first I though the effect of government shutdown will be bad for dollar,
    but it seems this only lead to possibility in the future US government will raise debt ceiling, (More QE? small chance I think)
    Who knows what will happen, market seems weighting more to FOMC meeting, NFP, and news from worldwide.
    For Gold, I think most analyst agreed its not really shiny anymore and might not shine in near future.

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