As it was informed by "Market Leader (US)"
Gold and silver: investors anticipate higher prices on precious metals
Italy is holding its 5-year bond auction as markets are expecting the bond yield to exceed 6%. This auction will show what Italy will face next year. In early 2012 Italy will need 44B euro to partially restructure its debt. Germany’s stance keeps dominating in Europe: tougher budget discipline and no extra power for the ECB when it comes to stimulating the eurozone economy. Germany also denies discussing the expansion of the EFSF (500B euro).