Gold – Page 5 – Lighthouse Investment Management

Alexander Gloy

On Wednesday Greek CDS (Credit Default Swaps) blew out to a new record of 1,118

Alexander Gloy

Greek 10yr government bond yields today reached 10.37% (+0.60) as credit default swaps (cost of

Alexander Gloy

After having spent half of Swiss GDP on intervening (unsuccessfully, see chart) in the foreign

Alexander Gloy

GLD is now the world’s second largest ETF (exchange traded fund) with 1,308 tonnes of

Alexander Gloy

According to preliminary data foreign currency reserves at the Swiss National Bank (SNB) in May

Lighthouse Investment Management