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Gold Will Never be a Safe Haven Again

Gold Will Never be a Safe Haven Again

Gold futures  Tuesday morning, demonstrating that the fast-moving computerized marketplace is not isolated to the traditional equity securities world. Gold futures, the indicative price at which gold can be brought for at a certain time in the future, dropped $5 in one second on the 2nd of July as fast-moving computerized trading hit the traditional safe haven. Nanex, a provider of real-time data to traders, noted that 700 trades in 1,000 gold future contracts of gold for August delivery drove the price…

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