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Gold Sinks As Trump, Congress Agree On 3-Month Debt Limit Extension

It appears the Democrats' plan - derided earlier by Paul Ryan - to keep any 'fix' for the debt-ceiling, short-term; has worked. Bloomberg reports that President Trump and Congress have agreed on a Harvey Aid, Debt-Limit extension continuing resolution through Dec 15th. T-Bill yields confirmed their earlier plunge and gold is tumbling on the short-term can-kicking effort.