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Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
from TF Metals Report
Earlier today, I made plans to write up a post this afternoon regarding the edge-straddling status of the 10-year note and the Long Bond. Before I could type it up, both reversed and rallied over a point. Whoops.
As reference material, I ask that you go back and review this post before we continue: http://www.tfmetalsreport.com/blog/4112/murmurs-10-year-note.
Now take a look at the charts below. They are hourly charts and notice that, as of 4 short hours ago, both charts were on the verge of breaking lower. What happened? I must admit that, at the time, I thought that this was simply a silly collection of quotes. Reviewing them again with the benefit of hindsight I can see that Fed Goon Lockhart was able to accomplish his primary mission. From ZH: http://www.zerohedge.com/news/feds-lockhart-kills-hopes-further-qeasing
Continue Reading at TFMetalsReport.com…
2012-08-21 23:02:16
Source: http://silveristhenew.com/2012/08/21/the-murmurs-continue-3/