The Cyprus banking crisis is over except for some huffing and puffing from Russia.
Gold disappointed during the crisis with the most it could rise being $25 and even then it couldn't hold the $25 rise for long. Gold bug sites, like King World News, always take advantage of these unfortunate events. During the last week they had their normal end of the financial system predictions whenever these crisis unfold. Now that things will settle down in Cyprus Gold is headed back down. It's currently at $1606 and looking like it's heading lower.
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