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Gold's Safe-Haven Role is Over, Or Is It?
As gold broke below the psychologically important level of $1,200 an ounce late in December of 2014, the mainstream financial media burst with headlines like this one from Marketwatch, “Gold’s Safe-Haven Role is Over“. The Noble prize winning economist from The NY Times, Paul Krugman, penned a wicked missive on the ‘barbarous relic’ by invoking Keynes and the absurdity...
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