The stock markets and the precious metals markets all got hammered on Thursday (June 20, 2013), following some comments by Ben Bernanke. Don’t be spooked. Don’t be fooled. The Fed and Treasury Department are essentially locked in to QE 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
Jeff recommended: Banks Cooking Up Another Financial Crisis
Items from The Economatrix: