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New $280 Million Loan BWIC Due At 11:30 AM
A new loan BWIC has been circling the market, this one for just over $280 million, as another small portfolio of loans needs to find a new owner. The biggest positions include Transdigm TL $5.3 million, Georgia-Pac TLB $5.1 million, Dean Foods TLB $5.1 million, Celanese TL $4.9 million and AMC Entertainment TL $4.9 million. We have yet to hear if the trader organizing this particular auction has reported in sick. All bids are due at 11:30 am today to your favorite loan salesman.
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Gold tanking, silver tanking, dollar getting a hard on.
Long dollar, long yen. Still don't quite understand that movement, but it works.
Hold on to your dollars (so to speak). Great gold-buying opportunity shaping up (so to speak).
Which is very good for gold and very very bad for dollar. Just watch what happens next.
When you see massive currency moves either something is being born or something is dying and well we've all heard that grandpa got a bit burnt. I guess it's true they really don't fuck around at the crematorium. <- Stolen from Rodney Rude
I agree. I left a post on another thread about this very thing. Go long the dollar at your peril!
This is what gold bugs have been looking for the final soap drop in the prison shower. They'll paper it over again. They are fast enough today. But they will never be the same psychologically.
Any bids?