I think that gold and silver will move up big once the U.S. raises the debt limit. If any foreigners or fund managers have the illusion the U.S. can bring the debt under control, it will forever fade away once Congress raises the limit close to 2 trillion in the next couple of weeks. Despite the democrats losing 60 some house seats, nothing will change. There was an article yesterday that 1/3 of all U.S. income is government handouts.
The government needs to make massive changes. These changes are essentially smaller government all around. Some state governments are trying to do this and all heck is breaking out. The Federal government continues to try and play God, but the exponential increase in the debt will destroy them.