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04-19-2011, 10:09 PM #1
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Gold’s Safe Haven Status Confirmed As "Risk Free" Status Of US Sovereign Debt Questioned
Submitted by Tyler Durden
04/19/2011 06:57 -0400
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Submitted by GoldCore
Gold’s Safe Haven Status Confirmed as "Risk Free" Status of US Sovereign Debt Questioned
Gold and silver closed higher yesterday (+0.45% and +0.65%) after S&P, somewhat belatedly, cut its outlook for the US from stable to negative. While the move seemed to surprise some, many market participants have been warning that this was inevitable for some time.
Gold in US Dollars: 3-Day (Tick)
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