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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (5677)4/19/2006 11:55:26 AM
From: energyplay  Read Replies (2) | Respond to of 217764
 
Silver price is way parabolic - it appears that some hedge fund or business is on the wrong side of this trade having to take ANY price.

Note that the silver stocks, like PAAS, are following the silver price like they used to...

Fun while it lasts...



To: TobagoJack who wrote (5677)4/19/2006 1:08:39 PM
From: elmatador  Respond to of 217764
 
Brazilian foreign debt has fallen 14% since December. Foreign debt total is almost exactly the same as the country's total foreign reserves.

Brazilian foreign debt has fallen 14% since December

Agência Brasil

Brasília – Brazil's foreign debt is down 14% since December, reports the National Treasury. That means it dropped from US$75.9 billion to US$65 billion. As a result, Brazil's foreign debt total at the moment is almost exactly the same as the country's total foreign reserves.

The main reason for the decrease in foreign debt was a series of operations resulting in the redeeming of a total of US$10.2 billion in Brady bonds by the government. Taking into consideration interest payments, the country economized US$14.7 billion.

This is one of the advantages of having to much money being printed. We got rid of the debt!