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0 Gold Hurdles to New Record Highs News to Gold Prices — Tags:  
Since its correction in 2008, gold has been moving away from the trendline. This development means that gold’s upside trajectory is accelerating, which is another sign of strength. It is not difficult to understand why gold’s chart looks so powerful. The global monetary and banking system continues to unravel from too much debt, a large portion of which is of substandard quality. Also, the worsening sovereign debt crisis is highlighting the risks of all national currencies, while making clear the unrivaled safe haven attributes of gold.

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