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Re: DewDiligence post# 4965

Monday, 05/14/2012 8:08:32 PM

Monday, May 14, 2012 8:08:32 PM

Post# of 30545
This chart says it all with no words about commodity prices. I think I posted it here before. The question is, "Will Congress raise the debt limit again? If so commodities go up, if not then probably not? My guess is we are at 2008, gold got on the debt limit line line then fell back. A bottom may be near???

I don't see how they can't raise the debt limit. If we canceled all the government and military and all we could not pay entitlements.

http://www.ritholtz.com/blog/wp-content/uploads/2012/01/chart.gif

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