Treasuries, gold and cash prove popular as investors wait for signs of progress on the debt-ceiling resolution.
Metal prices are so high that the uncertainties of a US default make a further advance unlikely.
Even if a deal comes through before Tuesday, it's unlikely that the government can cooperate well enough to prevent a downgrade.
Even if Congress reaches a budget deal, S&P might still cut the nation's credit rating. Suggestion: Increase your positions in cash and precious metals.
Prices waver as markets wait to see whether US lawmakers can avoid a default.
Ensuing actions by the Fed, such as another round of stimulus, could jolt commodity markets, analysts say.
Will Wednesday's market mauling be enough to push politicians toward compromise on a debt deal?
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