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A Government security is a tradable instrument issued by the Central Government or the State Governments. It acknowledges the Government's debt obligation. Such securities are short term (usually called treasury bills, with original maturities of less than one year) or long term (usually called Government bonds or dated securities with original maturity of one year or more).

Despite trading higher for most of today's session, stocks ended roughly flat as investors wait on news from the Federal Reserve and Greece.

The combination between the Fed announcement, meant to help the economy, and the Moody's downgrade pulled financial stocks, especially the major banks, lower for the day. Bank of America and Morgan Stanley were among the biggest losers with MS hitting a new 52-week low.

Precious metals seemed to lose their luster this week as investors attempted to sell off wins to account for the losers in their portfolio. With a seemingly declining value as a safe haven against the dollar the precious metal bull run of the last several months may be coming to an end.

Many investors seem to believe that gold is the ultimate hedge, but Michael McTague, in the interests of myth busting--and truth--gives a resounding "no."