Tag Archives: PIIGS

Precious Metals Outlook: Another Gold Watershed Event Occurs Confirming the Secular Bull Market is Alive and Well

The Economic and Monetary Affairs Committee of the European Parliament has approved gold to be used as collateral If you listen closely you will be able to hear the crickets. Not a word about this story in the typical financial newspapers. I’ve unfortunately been listening to Bloomberg TV and CNBC all day and have yet to hear a discussion about […]

Greek 10 Year Bond Deal Priced, Unique Perspective Into Sovereign CDS Hedge Farce

Greek funding update: Deal complete, interest acceptable, funding crisis averted for now…. New Greek €5 Billion 10 Year Bond Prices At 300 Over Midswaps, 326 bps Over 2020 Bund, Comes With 6.25% Coupon          Greek debt chief says bids for 10-year bond at EUR14 bln – DJ DJ reports the Greek government’s offering of 10-year bonds has attracted EUR14 billion […]