April 06, 2011

Precious metals ends higher on Euro debt crisis

Bullions traded heavily backed by the once again erupted Euro crisis where in The European Commission said it isn't in discussions with Portugal over a possible bridge loan giving certain weakness to Portugal.

Which got its rating cut by Moody's Investors Service for the second time in three weeks to Baa1 from A3, This move put the country at the same level as Ireland, Russia, Mexico and Thailand.

Emerging Market Leader Reacts to Massive Bailout Plan Announced by U.S. Government


WASHINGTON – September 20, 2008 -- Today's market increases and the announcement by the U.S. government to undertake a major bailout plan to restore confidence in the world financial system, prompted a rare comment from Alexander Mirtchev.