This Is The Perfect Storm: Fed Has Set The Stage To End Its Bond-Buying Program, Treasury Yields Spike, And The Mechanism That Holds Chinese Banks Together Is Falling Apart!! Markets Selling Off Across The Board!!

After the Fed—What’s the Market’s Next Move?

Markets are at an inflection point, digesting the idea of higher interest rates now that theFederal Reserve has set the stage to end the extraordinary bond-buying program it undertook to help the economy and revive the housing market.

Comments from Fed Chairman Ben Bernanke Wednesday that the Fed could begin to cut back on purchases later this year sent Treasury yields higher, gold lower, the dollar [...]

The Financial Markets Freak Out When The Fed Hints That It May Slow Down The Injections

by Michael

U.S. financial markets are exhibiting the classic behavior patterns of an addict.  Just a hint that the Fed may start slowing down the flow of the “juice” was all that it took to cause the financial markets to throw an epic temper tantrum on Wednesday.  In fact, one CNN article stated that the markets “freaked out” when Federal Reserve Chairman Ben Bernanke suggested that the Fed would eventually start tapering [...]

Syria Crisis Escalates, Global Unrest Spreading

Syria Crisis Escalates, Global Unrest Spreading [SCG Live 6.18.13]

BILL GROSS: Ben Bernanke Is Deathly Afraid Of Deflation

PIMCO co-CIO Bill Gross appeared on Bloomberg TV’s “Street Smart” with Trish Regan and Adam Johnson today, where he said that investors who are selling Treasuries on expectations that the Federal Reserve will scale back QE are missing the influence of inflation on the Fed’s decision. He said, “The market basically has misinterpreted the growth and the unemployment targets while leaving out the inflation targets going forward…This is a combined [...]

RICK SANTELLI: SO WHAT’S WRONG, BEN? WHY CAN’T WE GET OUT OF CRISIS MANAGEMENT MODE? THERE’S ALWAYS GOING TO BE SOMETHING.

Jun 19, 2013

On CNBC and all the channels that cover business, we have person after person after person, buy side, sell side, upside, downside.

How is the economy? Economy is great.

What about stocks? You got to buy them.

What if they break? You have to buy the dips.

What’s wrong with the economy? I don’t hear these people saying anything is wrong with the economy.

So what’s wrong, Ben? Why can’t we get out of [...]

32 Facts That Show How Men Are Being Systematically Emasculated In America Today

by Michael

What is wrong with men in America?  Why isn’t our country producing lots of strong, independent, hard working men of character like it once did?  Well, many believe that it starts at a very young age.  When compared with girls, boys in the United States get lower grades, they are much more likely to get into trouble at school and they are much more likely to be put on behavior-modifying [...]

Methane Plumes Going Off In A Massive Way

I’m NOT interested in arguing over this. I just want you to know it is happening. Sort of feel a duty to share the info…debaters are a waste of my time. Those who have been watching will know what this is about. This is for you. Get your preps in order, it’s going to hit hard:

Largest methane seep in the world found off the eastern coast of U.S.
http://theextinctionprotocol.wordpress.com/2013/06/19/largest-methane-seep-in-the-world-found-off-the-eastern-coast-of-u-s/

June 19, 2013 [...]

Bernanke Smackdown: We Were Prepared, If You Were Not, Too Bad

Marc Faber – People With Assets Are All Doomed

“People with assets are all doomed,” he began, “because prices are grossly inflated globally for stocks, bonds and collectibles.” Faber warns the Fed’s low interest rates could lead to a global crash.

http://dailyreckoning.com/marc-faber-people-with-assets-are-all-doomed/

The Market Is Falling More: Dow Off 205! Treasuries Getting Slammed On Heavy Volume, 10-Year Bond Yield Shoots Up To 2.34%!!

The Market Is Falling More, And Interest Rates Are Really Starting To Shoot Higher

It’s not a huge move, but the market is falling during the Ben Bernanke press conference.

In the immediate aftermath of the Fed statement (@ 2 PM) markets fell modestly.

Now the Dow is down 138, and interest rates are spiking. Yield on the 10-year bond has hit 2.33% (!), which is the highest level since early 2012.

Read more: http://www.businessinsider.com/the-market-is-falling-after-fed-statement-2013-6#ixzz2Wh06zTzT

*BERNANKE: FOMC MAY `MODERATE’ [...]

Bernanke Spells “Recovery” F-A-I-L-U-R-E

by Phoenix Capital Research

 

 

We’re now five years into the worst recovery in the post-WWII period.

 

Based simply on historical business cycles, we should already be out of recovery and into a “growth” stage for the US economy. This should have happened even with barely any stimulus from the Fed.

 

Instead, the Fed has spent TRILLIONS of Dollars and failed to deliver anything resembling economic growth. The number of people who are of working age who [...]

Experts: ‘The Fed Is Creating A Number of Significant And Dangerous Leverage Driven Speculative Bubbles’… ‘Between Now And 2014, I Think You’re Going To Fall Out Of Bed… Stock Investors Could Take A Very Big Hit—Well Over 50%’

BOB JANJUAH: Ben Bernanke Is Scared

He will be forced to taper.

Nomura’s bear Bob Janjuah believes the “why” is fear.

From his note last week:

So for me, ‘tapering’ is going to happen. It will be gentle, it will be well telegraphed, and the key will be to avoid a major shock to the real economy. But the Fed is NOT going to taper because the economy is too strong or because we have [...]

BREAKING: Earthquake hits Chile, France, Lumsden, Puerto Rico, Iran, Romania, Taumarunui etc…

Moderate earthquake – Coquimbo, Chile on June 19, 2013

Magnitude : 4.1

Local Time (conversion only below land) : 2013-06-19 09:48:37

GMT/UTC Time : 2013-06-19 13:48:37

Depth (Hypocenter)  : 50 km

http://beforeitsnews.com/earthquakes/2013/06/moderate-earthquake-coquimbo-chile-on-june-19-2013-2463014.html

Minor earthquake – France on June 19, 2013

Magnitude : 3

Local Time (conversion only below land) : 2013-06-19 16:04:34

GMT/UTC Time : 2013-06-19 14:04:34

Depth (Hypocenter)  : 15 km

http://beforeitsnews.com/earthquakes/2013/06/minor-earthquake-france-on-june-19-2013-2463012.html

Moderate earthquake – Lumsden on June 19, 2013

Magnitude : 4.6

Local Time (conversion only below land) : 2013-06-20 02:10:24

GMT/UTC Time : 2013-06-19 14:10:24

Depth (Hypocenter)  : 200 km

http://beforeitsnews.com/earthquakes/2013/06/moderate-earthquake-lumsden-on-june-19-2013-2463010.html

Minor earthquake – Puerto Rico Region [...]

Massive IRS Protest Planned For Today! “Audit The IRS” Rally Noon-2:00 PM- Live Streaming Link Inside

Conservative activists are planning to storm Capitol Hill on Wednesday for what they are predicting will be “the largest Tea Party protest since 2010.”

The protest — drawing tea partiers like TV host Glenn Beck and Kentucky Sen. Rand Paul — is in response to the Internal Revenue Service’s recent admission that it has been specifically targeting conservative groups for extra scrutiny.

The gathering on the West Lawn of the Capitol is [...]

Currency War Rattles Brazil, Wakes Up The People

Wolf Richter   www.testosteronepit.com   www.amazon.com/author/wolfrichter

Fed Chairman Ben Bernanke and his ilk refuse to see the connection. They’re too busy ogling inflation in the US that is suspiciously low. But China has its eyes riveted on the revolt in Brazil. Like all revolts, it’s about deep-seated issues and inequalities, but the spark that lit it – after price and asset inflation had made life too expensive for the middle class [...]

UPDATE: Colorado’s Black Forest cost $8.5 million to fight! BREAKING: 509 homes lost in Colorado’s Black Forest Fire; 28 partially damaged; fire remains at 85% containment… Tornado warned storm over Two Buttes in southeast Colorado

Colorado’s Black Forest fire crews focus on clean up; cost to fight fire hits $8.5 million

509 homes lost in Colorado’s Black Forest Fire; 28 partially damaged; fire remains at 85% containment - @CBSDenver

Colorado wildfire destroys more than 500 homes, new blazes menace West http://reut.rs/1bTw5wx 

Colorado wildfire snuffs over 500 homes; California fire a threat http://reut.rs/10v39eo 

Wildfire task force considering tougher limits for homeowners in burn zones http://huff.to/19N72i8 

TRC Affiliate chaser, Eric Duncan, Streaming live [...]

China Is Literally On The Brink of An Unprecedented Systemic Collapse

PBoC refused to inject liquidity into the market

Short-term interbank lending rates surged 200 basis points to an all-time high of almost 8% on Wednesday after the PBoC refused to inject liquidity into the market. “The only explanation is that the central bank wants to send a warning signal to commercial banks and other credit issuers that unchecked credit expansion, particularly through the shadow banking system, will not be accommodated,” says CNC Asset [...]

A New Financial Scandal – Bigger Than LIBOR?

They allege that the world’s biggest banks have been systematically manipulating the foreign exchange rates used to set the value of trillions of dollars of investments and derivatives. The main target of this has been pension funds all over the world.

Quote:

Bloomberg reported yesterday that five whistleblowers who have been working as foreign exchange traders have stated that the $5 trillion foreign exchange market is rigged. They allege that the world’s [...]

FOMC: Today Is The Big Day. “The Next 18 Months Will Redefine Economic Orthodoxy For The West”

Kyle Bass covers three critical topics in this excellent in-depth interview before turning to a very wide-ranging and interesting Q&A session.

The topics he focuses on are Central bank expansion (with a mind-numbing array of awe-full numbers to explain just where the $10 trillion of freshly created money has gone), Japan’s near-term outlook (“the next 18 months in Japan will redefine the economic orthodoxy of the West”), and most importantly since, [...]

U.S. Mint Sales of Silver Coins Reach Record in 2013 First Half

by GoldCore

 

Today’s AM fix was USD 1,366.00, EUR 1,019.86 and GBP 874.91 per ounce.
Yesterday’s AM fix was USD 1,378.50, EUR 1,030.35 and GBP 880.32 per ounce.

Gold fell $16.60 or 1.2% yesterday and closed at $1,367.10/oz. Silver finished down 1.01%.

Gold’s weakness continues and gold is now near the lowest level in four weeks, as a liquidity driven rally in stocks and investor caution over the Federal Reserve’s monetary policy is contributing [...]

The Only Thing Certain About Today’s Fed Meeting

by Phoenix Capital Research

The Fed will announce its moves today at 2PM.

There’s really no telling what will happen.  The markets have become truly schizophrenic. For instance, stocks continue to rally as though more QE is coming.

However, Gold, which has lead stocks into every major Fed program, continues to fall…

Moreover, Treasuries continue to fall, which indicates that less bond buying is coming…

In simple terms, the markets are all over the place. Some [...]

Author Bob Wiedemer of The Aftershock Investor: Get Out of Stocks & Bonds, Gold Will Go to $6,000+

 

http://usawatchdog.com/robert-wiedeme… - In his latest book, “The Aftershock Investor,” Bob Wiedemer says to get out of stocks and bonds. He predicts, “Between now and 2014, I think you’re going to fall out of bed. . . . Stock investors could take a very big hit—well over 50%.” Wiedemer calls gold “the once and future king” and goes on to predict “gold will go to $6,000 to $7,000 per ounce.” Join Greg [...]

Farewell Bernanke – Thanks For Inflating The Biggest Bond Bubble The World Has Ever Seen

by Michael

Federal Reserve Chairman Ben Bernanke is on the way out the door, but the consequences of the bond bubble that he has helped to create will stay with us for a very, very long time.  During Bernanke’s tenure, interest rates on U.S. Treasuries have fallen to record lows.  This has enabled the U.S. government to pile up an extraordinary amount of debt.  During his tenure we have also seen mortgage [...]

A Huge Worldwide Crash Is Coming: Europe Is On A One Way Road To Hell, Turkey, Brazil, & Argentina Are Cracking, China Is Set For A Total Financial Meltdown, And President Obama Just Give The Signal To Short The Bond Market!!!

When a central bank like the Federal Reserve turns itself into a hedge fund, you know the lunatics have fully taken over the asylum. leverage is leveraged again. madness is the meme.

The Greenspan put has been around at least since 1998 when LTCM was so conveniently bailed out by the Reverend ” free money ” Al. Bernanke has continued the tradition.

The result has been a set of incredible bubbles around [...]

Many Of The Largest Charities In America Are Giant Money Making Scams

by Michael

How would you feel if you donated money to help disaster victims or cancer patients and you later found out that more than 97 percent of the money that you gave never got into the hands of the people that needed it?  Sadly, that is happening all over America today.  In fact, in some of the worst cases, less than a penny of every dollar that is donated ends up [...]

BREAKING: Chinese Astronauts give lecture from space

20 June 2013 Last updated at 00:21

China has held its first classroom lecture from its orbiting space station as part of efforts to appeal to young people.

Female astronaut Wang Yaping took questions live from among 330 elementary and middle school students at a Beijing high school during the class from aboard the Tiangong 1 prototype space station on Thursday morning.

China launched its first crewed mission in 2003 and the Tiangong [...]

Must Watch! *Sell The News…MARKET MELT DOWN

Another great video by Gregory Mannarino.

GOOGLE: WE’LL UPLOAD YOUR MIND IN NEXT 30 YEARS

Ray Kurzweil, director of engineering at Google, believes we will be able to upload our entire brains to computers within the next 32 years – an event known as singularity
Our ‘fragile’ human body parts will be replaced by machines by the turn of the century
And if these predictions comes true, it could make humans immortal

In just over 30 years, humans will be able to upload their entire minds to computers and [...]

BREAKING: MERS Virus 65% death rate, No Cure. Millions could be infected in Mecca during Ramadan

In the Saudi cluster that was investigated, certain patients infected many more people than would be expected, Perl said. One patient who was receiving dialysis treatment spread MERS to seven others, including fellow dialysis patients at the same hospital. During SARS, such patients were known as “superspreaders” and effectively seeded outbreaks in numerous countries.

Perl and colleagues also concluded that symptoms of both diseases are similar, with an initial fever and [...]

UFO flies over Brazilian Protest! 2013

PUMP, PUMP, PUMP, DUMP: Bernanke Says Fed on Course to End Asset Buying in 2014

Federal Reserve Chairman Ben S. Bernanke said the central bank may start dialing down its unprecedented bond-buying program this year and end it entirely in mid-2014 if the economy finally achieves the sustainable growth the Fed has sought since the recession ended in 2009.

The Federal Open Market Committee today left the monthly pace of bond purchases unchanged at $85 billion, while saying that “downside risks to the outlook for the economy and [...]

ExoNews.TV: New series on the latest news about extraterrestrial life. From Dr. Michael Salla [videos]

Here is the trailer which introduces us to the series. Following that are the episodes that have been aired.

Published on Jun 16, 2013
ExoNews brings you the latest news about extraterrestrial life, and how it impacts our lives at the individual, national and global levels. Produced by Jas Marlin and Dr. Michael Salla

Published on Jun 15, 2013
A new book titled Exovaticana claims that the Vatican is preparing to disclose the existence [...]

BREAKING: Brazil’s movements are working!! Brazil to suspend planned increase in public transportation fares!!

NewsBreaker ‏@NewsBreaker 6m
BREAKING: Sao Paulo Brazil to suspend planned increase in public transportation fares after Brazil protests: officials

https://twitter.com/NewsBreaker

Sao Paulo to suspend planned increase in public transportation fares after protests across Brazil - @ReutersWorld

http://www.breakingnews.com/item/ahZzfmJyZWFraW5nbm…inc

Sao Paulo to suspend planned increase in public transportation fares after Brazil protests: officials #breaking

https://twitter.com/ReutersWorld/status/347462640936824833

REPORT: Brazil Caves On Bus Fare Hikes

Rio De Janiero and Sao Paolo will reduce public transit fares in response to the massive protests that met [...]

RON PAUL ON PIERS MORGAN: “THERE IS NO LAW ANYMORE”

Piers Morgan interviews Ron Paul on whistle blowers and the spying on of Americans by Obamas administration.

Jekyll Island – The truth behind the Federal Reserve (new film 2013)

—AT&T CUSTOMERS PLEASE READ—NEW FEE ALLOWS YOU TO GET OUT OF YOUR CONTRACT EARLY — AT&T OFFERING UP TO $50 DOLLARS OFF NEXT BILL TO STAY

PLEASE SPREAD THIS TO ANYONE YOU KNOW WHO USES AT&T

* My reason for spreading this info below..

The Wall Street Journal is reporting that AT&T Mobility, the second-largest wireless carrier in the U.S., has added a new monthly administrative fee of 61 cents to the bills of all of its contract wireless lines as of May 1, a move that could bring in more than a half-billion dollars in annual revenue [...]

BREAKING: Fierce fighting going on in the Syrian capital, Damascus, as the government forces are trying to recapture territory lost to rebels !

There is a fierce fighting going on in the Syrian capital, Damascus, as the government forces are trying to recapture territory lost to rebels.

Fighters from the Lebanese group Hezbollah are assisting the government troops in the battle.

using Russian rockets…

200 Russian new weapons etc… look video

http://blogs.aljazeera.com/liveblog/topic/syria-153

YES WE CAN: America Falls Behind In Entrepreneurial Wealth Creation To 3rd World Countries ….America Is Detroit Under Obama

America Falls Behind in Creating Rich Entrepreneurs

The creation myth of American wealth is almost always rooted in the entrepreneur.

It’s the two kids who start a computer company in their garage or dorm room. Or the former standup comic who creates form-shaping undergarments, or the South African immigrant who creates a new electric car and private space program.

But despite the high-profile examples, America may actually be falling behind the rest of [...]

ANOTHER Credit Card Processor Refuses To Handle Gun Transactions For Dealers

NewsChannel5.com | Nashville News, Weather

 

 

LEIPER’S FORK, Tenn. - A Williamson County gun dealer recently learned a credit card processing company no longer wants to do business with him.

“We go through all the hoops and all the steps and at the end of the day it’s still a struggle to get the same services anybody else would,” said Nick McMillan.

http://www.newschannel5.com/story/20701142/gun-dealers-have-problems-with-credit-card-processors

The housing market just hit a “major milestone” not seen in over seven years

From Carpe Diem:

The National Association of Home Builders is reporting this week that:
Builder confidence in the market for newly-built single-family homes hit a significant milestone in June, surging eight points to a reading of 52 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). Any reading over 50 indicates that more builders view sales conditions as good than poor.

“This is the first time the HMI has been [...]

HUD’s Donovan to Bloomberg TV: Still ‘Probelms’ with Mortgage Servicers

U.S. Department of Housing and Urban Development Secretary Shaun Donovan joined Bloomberg TV’s Adam Johnson and Alix Steel on “Lunch Money” and said the U.S. government will keep working to ensure mortgage services are doing enough to improve treatment of borrowers at risk of foreclosure. He said that no progress will be “100% perfect.”

On interest payment rates rising to 4-percent: “We had a rise over the last 15 months of [...]

Brazilians spend as much as 26% of their income to ride the bus

A $0.09 hike in the price of a single bus fare in Sao Paulo ignited the biggest protests to hit Brazil in over 20 years. As we noted earlier today, the bus fare hike was merely the last straw in a long list of public grievances about the shaky Brazilian economy.

But it’s worth noting that Sao Paulo’s bus riders are being majorly squeezed by fares. A fare price that sounds pretty minuscule in dollar [...]

Medical Association declares obesity a disease that needs to be treated

So I am guessing 78 million American adults and 12 million children will soon be forced into an obamacare treatment program, or face the consequences of an armed IRS agent looking to enforce a substantial fine~!! Good times eh?

It won’t be long now before a vaccine comes out to prevent this disease, I mean there is a couple hundred million dollars for Big Pharma right there, that is unless they [...]

Brazil is calling in additional national guard troops to boost security as 50,000 gather in Sao Paulo!!!

Brazilian police fired rubber bullets at demonstrators in the northeastern city of Fortaleza hours before a soccer match against Mexico as week-long protests over inflation and public policy spread.

Police also fired tear gas and used mace to disperse a crowd that had broken through a barrier around the stadium where the Brazilian national team plays this afternoon. Some of the protesters, who gathered to express their discontent over public spending on stadiums, [...]

Scientists Invent Particles That Let You Live Without Breathing!

This may seem like something out of a science fiction movie: researchers have designed microparticles that can be injected directly into the bloodstream to quickly oxygenate your body, even if you can’t breathe anymore. It’s one of the best medical breakthroughs in recent years, and one that could save millions of lives every year.

The invention, developed by a team at Boston Children’s Hospital, will allow medical teams to keep patients [...]

Get Ready for Stupid Cheap Silver Prices: David H. Smith

Brian Sylvester of The Gold Report(6/19/13)

It’s a jungle out in the silver markets. Investors are holding on for their lives as the price of metals swings to higher highs and lower lows and junior equities bounce along the bottom. In this interview with The Gold Report, David H. Smith, senior analyst at silver-investor.com’s The Morgan Report, navigates the jungle by advising which explorers, midtiers, stalwarts and royalties to consider buying [...]

Dolce and Gabbana Convicted of Tax Evasion… Avoid Declaring Taxes On Royalties Of About 1 Billion Euros ($1.3 Billion)

Dolce And Gabbana Sentenced To 20 Months In Jail For Hundreds Of Millions In Tax Evasion

The latest casualty of Europe’s berserk pursuit of tax evaders everywhere: not some Russian oligarch with a $1 billion Cypriot bank account but famous Italian designers, Dolce and Gabbana. WSJ reports that a Milan court has convicted the designers Domenico Dolce and Stefano Gabbana of tax evasion. The pair were found guilty Wednesday of failing [...]

The luckiest man wins the lottery TWICE in 24 hours… Winning $200,000 and $55,000!!!

The luckiest man in America: Factory worker wins the lottery TWICE in 24 hours after winning $200,000 on a scratchcard as he went to collect his $55,000 windfall

Winning $55,000 on the lottery would be enough for most people.

But within 24 hours, Cary Collings bought another scratchcard on the way to cashing in his ticket – and won another $200,000.

The 61-year-old can count himself among the luckiest men in America after [...]

$9,000,000,000,000 Missing From The Federal Reserve. Bernanke has this PERONAL in his pants pockets!

$9,000,000,000,000 Missing From The Federal Reserve. Why should any American pay their taxes.

Rep. Alan Grayson questions the FED inspector General where $9 TRillion dollars went… and Inspector General Elizabeth Coleman hasn’t a clue… Dunno whether to laugh or cry – I am still getting over the shock and have watched 4 times – LISTEN carefully to what she says – “THEY HAVE NO JURISTRICTION” to investigate the fed!!! Only their [...]

Former Terrorist That Massacred 62 Tourists Appointed To Run Egypt Tourism Region

Egypt appoints member of terror group that once massacred tourists to run tourism region

It was only 16 years ago, in 1997, that members of an Egyptian militant group called Gamaa Islamiya stormed the ancient Temple of Hatshepsut in Luxor, a tourism magnet, and massacred 62 tourists before killing themselves, part of their insurgent campaign against the government. This week, Egyptian President Mohamed Morsi swore in Adel Mohamed al-Khayat, a former [...]