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Gold’s Safe Haven Status Confirmed As "Risk Free" Status Of US Sovereign Debt Questioned

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.
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