Gold is proving to be the ‘real’ safe haven as it hit a new high of $1059 in early European trading, up 16% for the year. For the third day now, gold along with oil and other commodities have surged as investors attempt to hedge against inflation. Risk appetite is once again being seen as the equities in Asia and currently Europe gain on better than expected earnings for Alcoa (US) being helped by better than expected unemployment figures from Australia and Lloyds Bank in Europe....
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