There’s one bullish market left after yesterday’s carnage — gold, the asset that cannot be downgraded.

JPMorgan analyst Colin Fenton came out with a strong buy on the relic yesterday, saying bullion could hit $2,500 an ounce by Dec. 31 — a whopping 45 percent above yesterday’s close.

Gold closed yesterday at a record $1717.20, up 3.23 percent, on the New York Spot Market.