Chart usGOLD   Chart usSILVER  
 
Food for thought
Life is under no obligation to give us what we expect.
Margaret Mitchell  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1294.08-0.58
Silver 19.630.01
Platinum 1404.500.00
Palladium 794.900.90
WORLD MARKETS
DOWJONES 16409-16
NASDAQ 40969
NIKKEI 1451699
ASX 544532
CAC 40 443226
DAX 941092
HUI 220-2
XAU 90-1
CURRENCIES (€)
AUS $ 1.4802
CAN $ 1.5214
US $ 1.3810
GBP (£) 0.8222
Sw Fr 1.2199
YEN 141.4400
CURRENCIES ($)
AUS $ 1.0724
CAN $ 1.1022
Euro 0.7241
GBP (£) 0.5957
Sw Fr 0.8831
YEN 102.3800
RATIOS & INDEXES
Gold / Silver65.92
Gold / Oil12.37
Dowjones / Gold12.68
COMMODITIES
Copper 3.040.02
WTI Oil 104.590.83
Nat. Gas 4.740.21
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
In the same category
Six Months Later, Super Mario Eyes His Cape
Published : February 05th, 2013
164 words - Reading time : less than a minute
( 0 vote, 0/5 ) Print article
 
    Comments    
Tweet

They’ve still got a dismal economy in Europe, but at least their sovereign debt markets aren’t threatening to implode anymore as borrowing costs for Spain and Italy have fallen steadily over the last six months following European Central Bank Chief Mario Draghi’s promise to do “whatever it takes” to preserve the euro.

Well, that honeymoon may already be over if bond yields for Spain (shown below) and Italy as reported at Bloomberg are any indication. Corruption allegations in the former are threatening the tenure of Premier Mariano Rajoy and uncertainty is quickly mounting about fast approaching elections in the latter where there’s a new criminal investigation into derivatives trading by major banks.

24hGold - Six Months Later, Su...

The curves for bond yields in Italy looks about the same, though the scale is a bit lower with ten-year yields recently rising from just over 4 percent to about 4.5 percent. 

Stories such as How Mario Draghi Found a Way to Rescue the Euro from last month may have been premature.

Data and Statistics for these countries : Italy | Spain | All
Gold and Silver Prices for these countries : Italy | Spain | All
Tweet
Rate :Average note :0 (0 vote)View Top rated
Previous article by
Tim Iacono
All articles by
Tim Iacono
Next article by
Tim Iacono
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
MOST READ
TOP RATED
MOST COMMENTED
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Tim Iacono

Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
Tim Iacono ArchiveWebsiteSubscribe to his services
Most recent articles by Tim Iacono
4/18/2014
4/18/2014
4/18/2014
4/17/2014
4/17/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer