August 6, 2011

Standard & Poor’s (S&P) has just downgraded U.S. credit rating to AA+
from AAA. S&P analysis can be found here.

THis dongrade presents investment opportunities in SLV, GLD, TBT, TBF, TLT, SPY and QQQ.

S&P Analysis

Here is an overview of the analysis by S&P:

• We have lowered our long-term sovereign credit rating on the UnitedStates of
  America to ‘AA+’ from ‘ AAA’ and affirmed the ‘A-1+’ short-term rating.
• We have also removed both the short- and long-term ratings fromCreditWatch
  negative.
• The downgrade reflects our opinion that the fiscal consolidation plan that
  Congress and the Administration recently agreed to falls short of what, in our
  view, would be necessary to stabilize the government’s medium-term debt
  dynamics.