Correct gold is the vehicle of choice on a fit colapse. A debt default would cause panic in the market and social system. Just use Greece as an example. Akuma
As for this whole Dem vs. Rep blame game: come on, they're both trying to use this crisis for the 2012 elections. Parasitic, power-hungry demagouges looking for another 2-4-6 years to feed off the host and find more suitable outlets for their god-complexes.
It looks like both sides here agree congress should raise the debt ceiling and work out the budget separately and leave politics out of it and if a debt and tax budget can't be resolved independently then the voters will tell them what direction to go in the next election.
What do people think of a dollar rally going forward? I happen to think that the debt deal would see a dollar rally. Am I wrong to think that?