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Aug 14 at 01:33 AM
Tensions in the Strait of Hormuz continue to escalate, with shipping traffic at a three-month low and conflicting signals from both sides regarding an end to the conflict; oil prices still fell 2.1% to $87.07.
Gold saw slight gains, while the US dollar remained weak.
The situation is not optimistic; hold some cash and keep safe-haven precious metals on hand for emergencies.
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