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Alex Breitinger column: Possible resolution in Syria sinks markets

6:58 PM, Sep. 13, 2013
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This week, tensions eased between Syria and the United States as it looked like a Russian-brokered deal might lead to peaceful removal of chemical weapons. The potential for peace caused a sell-off in gold, crude oil and related commodities.

Investors frequently buy precious metals in time of economic or political uncertainty and sell in times of peace, while Middle Eastern strife can restrict the flow of crude oil from the region, causing traders to bid up petroleum on expectations of conflict.

By Friday, the gold market dropped $81 to a one-month low at $1,305 per ounce, while silver slid ...

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If you've ever answered "Who has the ball?" with "It's halftime," you might recognize The Airhead. Check out the characters in our cartoon gallery of oddball fans.

Special Reports