Take It To The (Debt) Limit
RiskReversal Pod
00:00
Is There a Limit on the Debt Ceiling?
Danny Cevallos: Janet Yellen has said that extraordinary measures will be taken to avoid piercing the debt ceiling of 31.4 trillion. He says this is just one of those really stupid things when you think about the government and how they can print endless amounts of money. Cevalls it a "ridiculous" situation, but adds another element to an already uncertain market he says.Cevallo: This lends itself to the gold market and what's happening here in gold,. seemingly goes up 10, 15, $20 every day. Nobody's talking about it. Dangerous metals are in play."
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