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Things looks deceptively calm on the surface today, with volatility pointing downwards after yesterday's spike, although you don't have to look far to find evidence of angst.
Gold broke above its all time high at the psychologically crucial $5,000/oz yesterday and has showed no signs of waning in its rally.
With the US given a 50/50 chance of striking Iran by the end of the week, ongoing concern over the independence and function of the Fed its no wonder many are piling into Gold.
It still hasn't lost its shine as a hedge against inflation and debasement and I doubt it will for a long time.
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