There's one bullish market left after yesterday's carnage – according to the NY Post gold, the asset that cannot be downgraded.
JPMorgan analyst Colin Fenton came out with a strong buy on the relic yesterday, saying bullion could hit $2,500 an ounce by Dec. 31 -- a whopping 45 percent above yesterday's close.
Gold closed yesterday at a record $1717.20, up 3.23 percent, on the New York Spot Market.
http://www.nypost.com/p/news/business/bullion_u9kEPaOQH05Iwk13ADUTpI
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