Yesterday Russian President Putin calmed markets by reaching out to Ukranian PM and seeking to discuss the current situation with his counterpart with the goal of avoiding further conflict. The market took Putin at face value and hours later as more details emerged about the incursion of Russian troops into Ukraine the hope of both leaders sitting together has all but evaporated. Gold is enjoying safe haven flows as investors are moving into the metal and out of stocks and the currencies such as the EUR and the Ruble. The yellow metal could have finished higher but the upwards revisions to the US GDP of the second ... (full story)