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What everyone hoped would not happen has unfortunately materialized. Moscow, in a larger-scale operation than many alleged experts had indicated, attacked Ukraine. A humanitarian tragedy which, on the financial front, induced a “Pavlovian” reaction: the purchase of safe-haven assets.
Gold, shortly after the first news of the outbreak of the war arrived, jumped upwards: the future on the precious metal went over 1,943 dollars an ounce, the value …