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Blog Archive ? Morning Snapshot

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10/27/11 09:00

Jerry Jones

Gold Mine

Blog Archive ? Morning Snapshot

27-Oct (USAGOLD) - Gold remains well bid as risk appetite jumps following the full reveal of the eurozone "master-plan." The euro has jumped to new 7-week highs and stocks are higher as well after European leaders agreed to leverage the EFSF bailout fund by 4 to 5 times and investors have reportedly agreed to a voluntary haircut of 50% on Greek debt. Reports that China has agreed to invest in the new ESFS SPV are helping the cause. Europe has been yanked back from the precipice and all is good.

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USAGOLD News and Views ? Blog Archive ? Morning Snapshot

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