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FSN: Murmurs From the 10-Year Note
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
from TF Metals Report
What happened? Just a few weeks ago, we were worried that the treasury market was becoming a “black hole” that would soon suck in all financial assets. Instead, rates have reversed significantly. What does this mean and what does it portend?
First of all, here’s where we were back in late July. The 10-year note had just fallen through 1.40% and it had everyone’s attention: http://www.tfmetalsreport.com/blog/4046/two-things-my-mind. Here we are, 3-4 weeks later, and were at 1.82%. That is a HUGE move! What the heck happened? I think I have an answer but, first, some background.
Continue Reading at TFMetalsReport.com…
2012-08-19 11:43:31
Source: http://silveristhenew.com/2012/08/19/murmurs-from-the-10-year-note-2/
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