Loading ...Shouldn’t hurt the gold market. Then again, it didn’t help us the last time we were downgraded in 2011 and Fitch did it in 2023. Although it is a bit different gold market these days. Might be why gold popped back above $3200 AH and the shares didn’t get smacked yesterday too much.
Moody’s Downgrades USA Credit Rating From Aaa
Successive US administrations and Congress have failed to agree on measures to reverse the trend of large annual fiscal deficits and growing interest costs…