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<p>[QUOTE=&quot;InfleXion, post: 1616444, member: 29012&quot;]I&#039;m not overly concerned about the debt ceiling just yet. Congress has a habit of waiting until the 11th hour and passing through some ill-advised bill while holding the American people hostage. They will raise it, but they will make sure the people are frightened of the alternative first IMO. (I hope that&#039;s not too political)</p><p><br /></p><p>I&#039;m also not overly concerned that the Fed will pull away the punch bowl. The derivatives market is far too large to risk another electronic bank run. That doesn&#039;t mean gold won&#039;t get monkey hammered by the paper bugs. I think gold has more risk in this regard than silver because gold is plentiful in supply. I&#039;d like to see them try it again with silver and see how long they can deliver the metal. But still, less than $1000? That&#039;s a tough pill to swallow. Maybe the paper price will go there but I would be shocked if the physical price got anywhere near. I think we will see a physical market divergence long before that price point shows up on the ticker. I think such a divergence will be the catalyst for everything else waiting in the wings.[/QUOTE]</p><p><br /></p>

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