Gold Soars To Record Highs, Stocks Erase Gains After Pelosi Warns 'No Deal This Week'

While The Dow is holding gains thanks to the insane dominance of AAPL; Nasdaq, Russell 2000, and the S&P are all tumbling into the red on the day after House Speaker Nancy Pelosi said she "doesn't think there will be a deal this week."

Treasury yields are tumbling to fresh record closing lows...

And Gold is soaring to new record highs...

...as Spot gold tops $2,000 for the first time...

What does gold see coming? A Democrat-driven $3 trillion stimulus that breaks the world's confidence in any fiscal restrainst behind the world's reserve currency?