The Dangers of Waiting for Markets to Start Getting Nervous About the Debt Ceiling Issue

I think that's the most likely outcome. And that's why the markets are so comfortable disstounding it is because it's the most probable thing. But when you look at what they're saying in Washington, you have the White House waiting potentially for some market volatility to spur Republicans into a more favorable kind of negotiating position. The only clear alternative, I think, is gold.