Profitsee – Future Economic Surivival

Divinations in Forex, Commodities and Economic Patterns

From Scotia – Gold – Safe Haven “Panic” selling

Commodities Gold ($959.05) • Gold significantly trimmed some of its recent gains by falling almost 3% yesterday, with selling continuing today to push the metal to just above $950. This reinforces the degree to which gold is being driven by panicked “safe-haven” sentiment as the losses can be traced to the strong equity rally yesterday.

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