Guaranteed after Cyprus...Spain bad economic results will be hitting the headlines this week....gold going up later this week....DJIA already closed lower after the Cyprus bailout deal sunk in...good news for BDR and gold shares in relation to POG going forward.
Spain’s Swelling Debt Seen Impeding Rajoy Deficit Battle
Extract
"Prime Minister Mariano Rajoy’s progress in curbing a deficit worsened by the cost of servicing Spain’s swelling debt load will be revealed this week with the release of data on the country’s finances."
Have a look at Spain...not to sure how this will meet obligations on bonds and financial payments based on this economic data...on gdp growth and debt/gdp %.
BDR Price at posting:
96.0¢ Sentiment: Buy Disclosure: Not Held
