I plan to have LOTS of popcorn (and adult beverages) close by Sunday evening when the markets open in Asia due to the S&P downgrade of our debt to AA+, a two step downgrade.
ZH has a LOT of comments on their main thread about this. There does NOT seem to be a consensus on what will happen Sunday / Monday.
At 24hgold.com I saw only an 8% or so premium in the widget (at bottom of their home page) of eBay price for AGEs vs. the spot price. This will be one indicator of how much Americans are worried about this (or not).
APMEX might be another, if they sell out or sell BIG this weekend.
Anyone who buys gold at a coin shop on Saturday, please share your experience here! I bought mine this afternoon before the S&P downgrade.
I will be at the ATM each day for the next couple of days, taking out the max...
Please comment or email me with other indicators that we can see in advance of Sunday evening trading...
And I will post such indicators ASAP...