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May 23, 2025 11 mins
The recent news of Moody's downgrade of the US' credit rating to AA1 from AAA caused a new wave of uncertainty over the markets. On the other end of the bad news, Swiss America's Dean Heskin and Chris Agalestos look at why the demotion wound up as a positive for gold, which continues to rise in value amid the turbulence on The Secret War on Cash.
Dean and Chris also break down the recent rise in large company bankruptcy filings and spiraling consumer sentiment. 

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Articles referred to in this podcast
Gold Gains as Dollar Slides Following Moody’s US Downgrade
https://finance.yahoo.com/news/gold-gets-bounce-moody-us-235551394.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAALHgX8oynADeLWSJp-yVqa9SbEdu4wRlLer2ONNysutBQclRtT9s-2x0uG8niZL7iLpnB8I9JDlwmHv-DteRrp6c5tWZbwCJJ8OacBh7A8_ZUaGBgLML9tcPYoamH9YWJyQbOlC69tgJxAUIMXFl7IGfX0dprivavmlre29hXjBz
Large US Companies Witness Highest Number of Bankruptcy Filings in 15 Years Amid Souring Consumer Sentiment, According to Analyst
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