“Whew! The Fed is number one in central banking. And it’s finding out just how tough it can be to meddle with a $16 trillion economy. On Wednesday, Ben Bernanke came out with a public statement. He said that if all went well… and he didn’t change his mind… and nothing unexpected came up…and the Fed’s Open Market Committee felt like it… the Fed would begin tapering its bond buying sometime soon. That was all it took to send a shiver up investors’ spines… and a sell signal to Wall Street. Everything sold off – stocks, bonds, commodities, gold… you name it.”
http://www.billbonnersdiary.com/articles/bonner-tony-soprano.html
Related posts:
Who Says You Can Kill Americans, Mr. President?
Eric Margolis: Japan Must Face Up To China
Obama’s Latest Arguments Do Not Hold Water
The Guns of Zagreb
Bitcoin Should Get Ready for an Attack
The Neocon and the CIA Drug Lord
Extraordinary Directed History of the WTO Trade Breakthrough
I’ve Never Been More Outraged at Washington
How To Play The Puerto Rican Economic Recovery
Over 600 kids at the U.S. border were taken as their parents were jailed
The viral skinnydipping scandal, and the real story
Work Those Greeks! Advent of Modern Slavery?
Historic Gold Crash. What To Expect Next [Bearish]
3 Gold Facts You Can’t Ignore
FISA-Gate: The Plot To Destroy Our Republic
