The stock markets and the precious metals markets all got hammered on Thursday (June 20, 2013), following some comments by Ben Bernanke [1]. Don’t be spooked. Don’t be fooled. The Fed and Treasury Department are essentially locked in to QE [2] to Infinity. They may try to “taper”, but it probably won’t work. Today’s news does nothing to change the market fundamentals. Silver will remain in a bull market for as long as the government continues to grossly over-spend. So when the price of silver gets temporarily pushed down by these rumors, just look at it as another buying opportunity.
Over at The Daily Bell: Richard Ebeling on Higher Interest Rates, Collectivism and the Coming Collapse [3]
Jim W. sent: Why the Fed Cannot “Exit” Successfully… Without a Market Crash [4]
Jeff recommended: Banks Cooking Up Another Financial Crisis [5]
Items from The Economatrix:
They Know: Billionaires Are Quietly and Rapidly Dumping Millions Of Shares Of Stock [7]
Retirement Crisis: Trillions Of Your Pension Dollars Stolen In Broad Daylight [8]