World Markets Braced For Flight To Safety!

• A flight to safety means gold is going alot higher. No matter how the Illuminist bullion banksters try to depress gold price, they will fail. They know it and are simply fighting a rear guard action, a controlled retrograde move before allowing gold to explode higher! Great volatility in gold and silver prices (especially silver) are to be expected. Just ignore all of it, accumulate physical gold and silver!
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  World markets braced for flight to safety
  By Katherine Rushton, http://www.telegraph.co.uk/
  World markets are expected to open heavily down on Monday after the decision by Standard & Poor’s to downgrade the US sovereign credit rating from AAA to AA+.
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  After a week in which some $2.5 trillion (£1.5 trillion) was wiped off the value of global equities, investors are set to seek further solace from traditional indices, with gold and other safe havens likely to continue their ascent.
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  Banks and investors who had been placing their bets on US government debt will be quick to move their investments when trading begins tomorrow. With UK government debt still enjoying an AAA rating, the increased demand will push down yields, the implied interest rates, even further.
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  Many pension funds are obliged to have their money in AAA-rated investments, and other investors will be wary of volatility in the stock market that is expected to ensue.
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  The US downgrade is also expected to push the price of gold northwards,   despite a slip from its record of $1,684.90 to $1,651.80 an ounce in New   York on Friday, as some investors sold the precious metal to cover losses in   other markets. Fitch and Moody’s still have AAA ratings on the US, but S&P’s move will send shock waves through the markets when trading reopens.
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  Last week, Wall Street experienced its worst week since September 2008, with the S&P 500 falling 7.2pc and the Dow Jones Industrial Average lost 5.2pc. In Britain, the FTSE 100 slumped 9.8pc.
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  Analysts also predict a rush on safe-haven currencies such as the Swiss franc and the Japanese yen, but were divided over the immediate impact on the dollar. Mansoor Mohi-uddin, head of foreign exchange strategy at UBS, predicted it would remain relatively strong, at least in the first instance, while analysts at Capital Economics said S&P’s decision to “finally pull the trigger” would cause the dollar to fall, but that this would be relatively short-lived.

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