Gold Gains as U.S. Credit Falls
Moody Downgrades the U.S. On the heels of rising debt levels and widening fiscal deficits, Moody’s downgraded the United States’ credit rating from its long-held AAA status to Aa1. This marks a significant shift. The U.S. was one of a select few nations to maintain a triple-A rating. Now the designation is reserved for just … Read more