• Monetary Metals
    05/02/2016 - 01:28
    The price of gold shot up this week, and silver moved proportionally. Headlines are screaming for gold to hit $10,000 or $50,000. Does this alleged new bull market have legs?

Portuguese Bond Auction "Success" As Rates Rise By 1% From Prior

Tyler Durden's picture

Your rating: None

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Wed, 09/22/2010 - 08:31 | 596803 FunkyMonkeyBoy
FunkyMonkeyBoy's picture

Baltric dry index down 3.0%. All is well in the world. This will end like a fairy tale.

Wed, 09/22/2010 - 08:41 | 596819 small watcher
small watcher's picture

Yes it will, 'cuz we're playing the part of the Giant.

Wed, 09/22/2010 - 08:48 | 596827 Sudden Debt
Sudden Debt's picture

It's going down pretty fast these last few days.

I've liquidated all my shipping stocks last week because of it.


Wed, 09/22/2010 - 10:19 | 597082 taraxias
taraxias's picture


The BDI turned down sharply the "last few days" but you liquidated your shipping stocks "last week" BECAUSE OF IT !!!!!!

Wow, it doesn't get more impressive than this..........

Wed, 09/22/2010 - 09:37 | 596945 Tense INDIAN
Tense INDIAN's picture

i have been noticing the baltic dry tooo....as we all know it fell 56% in one and a half month.....then rose to about 2890 and have been fallinf at rates of more than 2% since then.......could stocks experience same thing???

Wed, 09/22/2010 - 08:31 | 596805 Catullus
Catullus's picture

Success because they're never going to pay it back. 

Wed, 09/22/2010 - 08:34 | 596808 Vampyroteuthis ...
Vampyroteuthis infernalis's picture

I think that is a success if they can sell any bonds at this point. Default is creeping closer every day.

Wed, 09/22/2010 - 08:43 | 596822 lizzy36
lizzy36's picture

Tyler, the Prime Minister of Spain had directly contradicted your assessment.

Spanish Prime Minister José Luis Rodríguez Zapatero declared that the European debt crisis is over but said that the governments have to work better together and with markets to stave off such events.

"I believe that the debt crisis affecting Spain, and the euro zone in general, has passed,"Mr. Zapatero said in an interview with The Wall Street Journal on Tuesday.

One expects that the ECB can cancel its sovereignbond purchasing program (as opposed to accelerating it, as it has been doing over the last month). And Ignore the widening of the PIG CDS spreads, we all know just the work of speculators. 

I don`t know about anyone else but i was really reassured by this news.

Wed, 09/22/2010 - 09:34 | 596937 Porkbellytrader
Porkbellytrader's picture

The Dick Fuld of europe?

Wed, 09/22/2010 - 09:53 | 596997 bono
bono's picture

Me too.

Specially I am reassured because we have only 5 million unemployment with a labor force of 19 million and also reassured because there is only 4million empty houses for sale. But the banks are healthy. Verdad amigo Zapatero?

Wed, 09/22/2010 - 10:23 | 597095 taraxias
taraxias's picture

Why don't these guys STFU?

Yes, they are trying to play the CONfidence game, but FFS retarded statements like these get everyone running the other way (as they should).

Wed, 09/22/2010 - 09:20 | 596901 Chris1
Chris1's picture

Apocalypse Blah blah blah...


BTW - what happened to the Euro-crash?

Wed, 09/22/2010 - 09:27 | 596919 Shakes
Shakes's picture

Am doubling down on my EUO bet...

Wed, 09/22/2010 - 09:43 | 596964 Tense INDIAN
Tense INDIAN's picture

oh my GOD...see the bloomberg story..

Portugal Sells Bonds as Higher Yields Fuel Demand



Wed, 09/22/2010 - 12:04 | 597453 Josephine29
Josephine29's picture

These issues continue to mount and I tend to agree with the earlier comments about Spain's Mr.Zapatero. Unfortunately for his dreamworld there are some facts still be released to us which contradict this view. According to notayesmanseconomics about Portugal.

"Her problems will not have been helped by the news that on the latest figures the central government’s fiscal shortfall rose to 9.19 billion euros  from 8.74 billion euros a year earlier  according to her Finance Ministry.Remember this is supposed to be the year of austerity and cuts not rises and Portugal has failed to reduce government spending."

No wonder bondholders want more interest if austerity means a wider deficit in practice! http://notayesmanseconomics.wordpress.com

Fri, 10/15/2010 - 03:08 | 652062 nikejordan
nikejordan's picture

Canada youthful singer Justin Timberlake · niederbieber at Cheap UGG Boots
large so common these times also issued the feelings of his UGG Boots girlfriend. 16-year-old uncle admitted that he hoped than uncover a talk she on the normal schedule collectively clinging to his girlfriend, but he has his individual standards. He said, "I like funny, self-confidence, courage to create your individual girls. "He UGG Classic Cardy also disclosed that he doesn't like girls positioned on that common Ugg boots as well as a especially large sunglasses. "I really feel Ugg shoes are ugly, but really large dim eyeglasses really are a little exaggerated, I like large sunglasses, but do not like as well large bird, specifically the round. "Although the girl's gown merely a little picky, but really he doesn't have UGG Classic Boots very much time to acquire collectively with his girlfriend, and he hoped that from the age of 17 may be UGG Bailey boots busy with their individual business. "I want a next album and tour, wish I can have its individual charitable organizations. "Niederbieber also briefed the mass media revealed that his current really obsessed with over the net lookup your individual news, a collaboration with niederbieber Eenie Meenie was the song", "named Sean Kingston man mentioned this UGG Tall Boots than Bo lookup with ease," niederbieber will do that, he enjoys movement photo local community and lookup website lookup yourself. ”

Tue, 11/09/2010 - 04:51 | 711228 shaoye
shaoye's picture

Find ugg and Australian sheepskinAuthentic Ugg boots, learn the history behind the Cheap ugg boots, and when and what to wear with Ugg boot, as well as cleaning and caring for ....we sell new style Ugg boots on sale,You can find the wholesale discount Ugg boots here.

Fri, 11/12/2010 - 21:49 | 723952 shaoye
shaoye's picture

Hunters need WoW Gold. All Promotional Products China wholesale wow gold always need Warcraft gold, but Manicure Set Wholesale have some specialized needs that may make their need even more acute. This Solar Calculator wholesaleshows how a WoW gold guide can help Hunters get piles of gold, and maybe even choose the student calculatorbest professions to support your play style and class. One Metal Keychain Wholesale have is firearms.Wholesale Suppliers can clue you in to who will have gear that you eventually need.

Do NOT follow this link or you will be banned from the site!