Close X Cookies are necessary for the proper functioning of 24hGold.com. By continuing your navigation on our website, you are accepting the use of cookies.
To learn more about cookies ...
EnglishFrench
Gold & Silver Prices in

Gold Daily and Silver Weekly Charts - Metals Bears Stuffed - ISDA Declares Credit Event

IMG Auteur
Published : March 10th, 2012
67 words - Reading time : less than a minute
( 0 vote, 0/5 )
Print article
  Article Comments Comment this article Rating All Articles  
0
Send
0
comment
Our Newsletter...
FOLLOW : Cds, Silver, Wind
Category : Opinions and Analysis

 

 

 

 

The early bear raid on the metals in honor of the Non-Farm Payrolls report fizzled and the shorts got stuffed as the metals rebounded back.

This was highly bullish action.

Late in the day the
ISDA declared the Greek bond action as a credit default event triggering the CDS. The market largely ignored it, but it did take the wind out of a fairly insubstantial equity rally.











 

 

Companies Mentionned : Metals X |
<< Previous article
Rate :Average :0 (0 vote)
>> Next article
Latest comment posted for this article
Be the first to comment
Add your comment
Top articles
World PM Newsflow
ALL
GOLD
SILVER
PGM & DIAMONDS
OIL & GAS
OTHER METALS
Mining Company News
Franco Nevada(Cu-Ni-Zn)FNV.TO
-Nevada Files Year-End Disclosure Documents
CA$ 62.17-0.14%Trend Power :
Corporate news
Visible Gold Mines(Au)VGD.V
announces exercise of warrants for proceeds of $1.46 million
CA$ 0.14+0.00%Trend Power :
Corporate news
Intl. Tower Hill(Au-Ag-Gems)ITH.TO
International Tower Hill Mines Appoints Karl Hanneman as Chief Operating Officer
CA$ 0.45-3.23%Trend Power :
Corporate news
Talon Metals(Au)TLO.TO
announces unsecured loan provided by Kennecott Exploration Company
CA$ 0.17-5.56%Trend Power :
Corporate news
OutokumpuOUTA.F
Outokumpu Board decisions at their first meeting
€UR 7.67-2.54%Trend Power :
Corporate news
Canada Strategic Metals(Ni-Ngas-Co)CJC.V
Announces First Closing of $125,000
CA$ 0.09+0.00%Trend Power :
Corporate news
TOTAL(Oil)FP.PA
Yemen shuts major ports due to conflict -sources
€UR 46.59+0.17%Trend Power :
Corporate news
AlstomALO.PA
Alstom promotes qualification courses to customers in the hydro generation area
€UR 29.04-0.62%Trend Power :
Corporate news
OutokumpuOUTA.F
Outokumpu - Resolutions of the Annual General Meeting 2015
€UR 7.67-2.54%Trend Power :
Corporate news
Mega Precious Metals(Ag-Au-Cu)MGP.V
Discovers Extensive Sericite Fuchsite Alteration and Broad Gold Mineralization at Newly Ident
CA$ 0.04+14.29%Trend Power :
Corporate news
Comments closed
Subscribe to 24hGold’s daily market briefing
  • Prices and data of precious metals in 119 currencies and world mining companies
  • Daily analysis of the economy, markets and more
  • Free, daily and indispensable
Stay informed, subscribe now !
* Your email will never be shared.