Thursday, February 3, 2011


Feb-03-2011--Gold prices drastically reversed directions
and popped higher Thursday as technical buying and the fear trade came back to life.
Gold has struggled with its role as a safe haven asset but better economic data in the U.S.
 is drawing investor interest away from gold and into stocks.
 "We are sort of stuck in the middle between this revolutionary situation that we are seeing in North Africa
 and the Middle East versus improved economic outlook here in the U.S.
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