Categories



TheLibertyMill




The Phaserl








AvatarProducts

Bombshell

by Andy Hoffman, MilesFranklin.com:

On yet another day of Fed failure to meaningfully prop up the deteriorating Treasury market – while PIIGS sovereign bonds were “slaughtered into the close” – something incredible occurred, which even I am still in disbelief about.  And that something was – drum roll please – an actual sharp increase in PM prices late on a Friday afternoon.

Some might say it was due to “short covering”; extreme undervaluation; fears of a weekend turn of events in Syria; the PM-bullish COT report, released at 3:30 PM EST; or even reduced expectations of Fed tapering (personally, I expect no more than a “token taper,” if anything at all, which may well BACKFIRE on the Fed’s best laid plans). 

Read more @ MilesFranklin.com

Help us spread the ANTIDOTE to corporate propaganda.

Please follow SGT Report on Twitter & help share the message.

1 comment to Bombshell

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>