| The price of gold, which has enjoyed a steady, decade-long rally, went into overdrive this summer. Investors sought out the precious metal as a haven from geopolitical problems that piled up like cars in a freeway crash.
In the U.S. a political conflict over raising the federal government’s debt ceiling precipitated the loss of the nation’s triple-A credit rating from Standard & Poor’s. In Europe a sovereign debt crisis that had seemed under control just a year before exploded with violent force..............................................Full Article: Source
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