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Eurozone countries

How will the Eurozone sovereign debt crisis affect Gold And Silver Prices- gold backed bonds a solution?

The borrowing costs for France, Spain and many other Eurozone countries have soared to its peak, for example France debt is rising to approximately 87% of GDP, average yield on 10-year bonds in Spain has risen from 5.433% in October to 6.975%- reflected in the downfall of prices for Comex silver and gold.  Silver closed Full Article