Record High Activity: The Treasury Bond Selloff Is ‘For Real’ And The Volume Is Gigantic. Michael A. Gayed: The Biggest Risk To Stocks Is Now Bonds, And The Speed of Yield-Curve Steepening

The Treasury Bond Selloff Is ‘For Real’ And The Volume Is Gigantic

It’s been a crazy few weeks in the Treasury bond market.

After a big rally that began in mid-March, amid the outbreak of the Cypriot financial crisis and fears over a slowdown in global growth, Treasuries have given up all of their gains, and bond yields are now rising to the highest levels in over a year.

This morning, the yield on [...]

Ron Paul Interview With Gold Seek Radio

Dr Ron Paul interview with GoldSeek July, 2012 Radio broadcast interview. About 10 minutes. Questions are direct & short. Answers are well thought out & fantastic.

Candid Ron Paul wisdom & insight related to: The Fed; LIBOR; Exchange Stabilization Fund (ESF) manipulating gold; & Dr Paul, do you intend to keep your gold?

Background information at DailyPaul on:

The Fed & the Boyz Jamie Dimon sucks $400 Billion. Other bankers suck $3.5 Trillion on Fed [...]

14 reasons why this is the worst Congress ever

This week, the House of Representatives voted to repeal the Affordable Care Act. On its own, such a vote would be unremarkable. Republicans control the House, they oppose President Obama’s health reform law, and so they voted to get rid of it.

But here’s the punchline: This was the 33rd time they voted to repeal the Affordable Care Act.

Holding that vote once makes sense. Republicans had promised that much during the 2010 [...]

IT’S SPREADING: Wild fires now in Missouri (500 acres so far)

Around 550 acres of Mark Twain National Forest have burned, and around 2,000 additional acres are at risk. Missouri’s Fire Mutual Aid Program is deploying more personnel, trucks, and tankers to protect homes and structures in the area.

http://www.ksdk.com/news/article/326208/3/St-Francois-County-brush-fire-forces-closure-of-highway?odyssey=tab|topnews|bc|large

 

2 in virginia
http://vasmokeybear.blogspot.com/
Two wildfires in western Virginia on Thursday worried some residents when the scent of smoke drifted as far as the District.

According to officials, the wildfires are both burning on federal land, [...]

UK in a drive to slash spending on libraries closes the one Mark Twain opened in London in 1900, using police and security to remove all books and furniture overnight to avoid daily protestors:

via Guardian.co.uk:

Campaigners fighting the closure of a London library opened by Mark Twain in 1900 have accused the Brent council leader of betrayal after the library was stripped of books and other property in the middle of the night.

Workers assisted by police officers entered Kensal Rise library between 2am and 3am on Tuesday, removing furniture, murals painted in the 1930s for the library and plaques commemorating the library’s opening by [...]