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Fear triggers gold shortage, drives US treasury yields below zero

Fear triggers gold shortage, drives US treasury yields below zero

By Ambrose Evans-Pritchard
Last Updated: 9:26AM GMT 11 Dec 2008

http://www.telegraph.co.uk/finance/economics/3703565/Fear-triggers-gold-shortage-drives-US-treasury-yields-below-zero.html

The investor search for a safe places to store wealth as the financial crisis shakes faith in the system has caused extraordinary moves in global markets over recent days, driving the yield on 3-month US Treasuries below zero and causing a rush for physical holdings of gold.

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This entry was posted on Friday, December 12th, 2008 at 10:12 am and is filed under Archived. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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