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Spain - any affect on silver this Monday?

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Spain - any affect on silver this Monday?

Postby Josh. » Fri Jun 08, 2012 3:15 pm

Spain likely to request aid on Saturday:

http://in.reuters.com/article/2012/06/0 ... 8X20120608
The above post does not contain professional advice or similar information.
Josh.
 
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Re: Spain - any affect on silver this Monday?

Postby Josh. » Sat Jun 09, 2012 4:53 pm

$125bn aid requested:

http://www.bloomberg.com/news/2012-06-0 ... ns-1-.html

$125bn aid offered:

http://www.nytimes.com/2012/06/10/busin ... wanted=all
The above post does not contain professional advice or similar information.
Josh.
 
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Re: Spain - any affect on silver this Monday?

Postby rickygee » Sat Jun 09, 2012 6:29 pm

Spain is very sensitive about this infusion of cash. They do NOT want it called a 'bailout' or a 'rescue' and I'm sure they would reject 'aid' also. The Spanish government insists the money be called a 'loan'.

Wonder what they'll want it called if (when) they default?
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