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Post by avordvet on Jun 21, 2013 4:58:44 GMT -5
Mass Carnage: Stocks, Bonds, Gold, Silver, Europe And Japan All Get PummeledBy Michael, on June 20th, 2013 Can you smell that? It is the smell of panic in the air. As I have noted before, when financial markets catch up to economic reality they tend to do so very rapidly. Normally we don't see virtually all asset classes get slammed at the same time, but the bucket of cold water that Federal Reserve Chairman Ben Bernanke threw on global financial markets on Wednesday has set off an epic temper tantrum. theeconomiccollapseblog.com/archives/mass-carnage-stocks-bonds-gold-silver-europe-and-japan-all-get-pummeled
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Post by watchful on Jun 21, 2013 8:37:08 GMT -5
Right on schedule! They manipulated the silver market to get the nervous Nellies to sell cheap. Then they bought up all the silver while we watched the Gold prices climbing. Then they manipulated the gold market to cause a drop and the Nervous Nellies sold short and they bought it cheap, and now you can't buy gold it is so expensive. Then the Fed announced they were buying Municipal bonds and everyone who was afraid their portfolio was in trouble sold cheap, and the Fed bought cheap, and stacked the deeds with the gold and Silver. So now they announce that the interest rates are going up, and the stock markets are selling short to get clear before the Fed induced bubble hits the pin and the Fed is collecting the places where people used to work. This is a banking end game to collect the deeds and bundle them for sale for Gold. Throughout America the ads for buy before the interest rates go up and you can't afford that mansion like mine are running 24/7. When the remaining wealth of the people are placed into the homes and cars the federal Government will begin to raise the taxes on the commodities under the Obama care act. Calling your congress critter won't help. They already put these steps into the statutes years ago before they put in Obama care. Soon you will see Counties and Cities going broke as they get stuck with the unpaid expenses of the health care for the poor. Then you will begin to see bailout corporations arriving like they did in Detroit to deny services in the suburbs so people have to move into the high rises to eat, have medical assistance, welfare, water, and electricity. We all sat quietly as that was done. The when most of the people are located under lock, and keys, in the ghettos they will come for those who selected rural with no service, and freedom, instead of compliance. We will be the new hunted groups, and prizes will be given for our capture, or perhaps just our heads. More importantly is that it could be done in my lifetime, and yours. The time is short to end their game before they can win!
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Post by avordvet on Jun 23, 2013 8:47:37 GMT -5
This Is An Extraordinary Time
Submitted by Tyler Durden on 06/22/2013
All this leads to a question: what would happen to the economy if all the financier tricks were stopped, and the price of risk, credit, assets, etc. were discovered by the marketplace?
www.zerohedge.com/news/2013-06-22/extraordinary-time Washington Post: Fed Forecasts Not Accurate
Friday, 21 Jun 2013 01:11 PM, By Michael Kling
The Federal Reserve is saying when it expects to shrink its quantitative easing based on its economic projections. But the Fed is horrible at making predictions. It's wrong all the time, reports The Washington Post.
Every two-year forecast the Fed made in June going back to 2009 was overly optimistic, according to the Post. It continually trimmed growth forecasts over time as the time period being forecasted approached.
www.moneynews.com/StreetTalk/Fed-economic-forecasts-inaccurate/2013/06/21/id/511226 US Markets Plunge on Fed Fears: Overreaction or Sign of Things to Come?
Friday, 21 Jun 2013 04:04 AM
Stunned investors are now wondering whether the markets' big sell-off was an overreaction or a sign of more volatility to come.
www.moneynews.com/StreetTalk/Financial-Markets-Drop-Overreaction-Economy/2013/06/21/id/511115
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Post by avordvet on Jun 24, 2013 15:13:13 GMT -5
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Post by avordvet on Jun 25, 2013 4:44:00 GMT -5
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Post by avordvet on Jun 28, 2013 16:10:49 GMT -5
We Got Problems.... Greece and, for that matter, the rest of Europe are showing cracks again this morning. The Dollar is screaming higher (how's that "dollar collapse" thesis working out?) Gold is around $1,200; up fractionally on the day, but in general not in good shape -- and making a mockery of the "Gold to $5,000" callers. Interest rates are again going up, while The Fed is trying to claim that they really didn't say that they were going to taper. But that's a lie, because they have to stop the QE. This isn't about wanting to exit, it's about being forced to exit. market-ticker.org/akcs-www?post=222255
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Post by avordvet on Jul 7, 2013 6:33:22 GMT -5
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