Ohio: A Dead Heat, Romney Gaining

The momentum is with Mitt Romney in Ohio now. After the presidential debate, Ohio is a dead heat. In the first post-debate survey, Rasmussen Reports finds Barack Obama with 50% and Mitt Romney with 49%.  What is critical in the poll is this: 90% of Romney supporters are certain they will vote for him under any circumstances while only 80% of Obama supporters are that committed.

More people trust Romney on the economy, 49% to 45%. There has been a significant shift on national security: Last month, Obama led 49% to 45%, but now Romney leads 48% to 47%.  

When thinking about the future, Romney has a big lead; 50% think the economy will get better if Romney is elected and Republicans take control of the Congress. Only 41% believe if Obama is reelected and Democrats run Congress the economy will improve. 46% expect the economy to get worse if Obama wins, while only 36% believe that if Romney wins.


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The past several months have seen the price of gold slump even as the Fed and other central banks have accelerated their massive expansion of paper money. Gold is off about 20% so far this year with silver down almost 30%. The old adage--“don’t fight the Fed”--particularly comes to mind now because the US equity markets have been setting new highs during this same period. All of these gains are nominal, you understand, but for terrified American policy makers and investors, nominal is just fine.

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