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Shelter ready?

29 Dec

It’s about time we begin to see reality sink into someone!

“If we see 4 percent on the 10-year yield in the first quarter of 2014, crawl into that bomb shelter, because that will crush every market out there” Jeff Kilburg of KKM Financial

Others are beginning to predict 4% by the end of 2014.  

“Three percent to 3.25, that’s not a big deal.  But if we get there in a week or two weeks, that ferocious manner will really make people rethink their equity portfolio and their equity allocations.”

That would not be good, folks.

Where is that Ayn Rand quote?  Oh yeah, here it is…

“You can deny reality, but you cannot deny the consequences of reality.”

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2 Comments

Posted by on December 29, 2013 in Uncategorized

 

2 responses to “Shelter ready?

  1. Anon

    December 30, 2013 at 6:53 pm

    Well, Soffitrat, I hope that I am wrong, but I have a gut feeling that this whole economic facade will come tumbling down within the next twelve months, and I will keep this post in mind so you can say I was wrong on December 30, 2014. Believe me, I hope you can really rub my nose in it.

    I hope that the following link is pure BS, but if it isn’t, there is now way the FDIC could even begin to cover this $75 trillion if BAC goes under. Now where will that leave the rest of us with any bank account. http://dailybail.com/home/holy-bailout-federal-reserve-now-backstopping-75-trillion-of.html

     
    • Soffitrat

      December 30, 2013 at 9:46 pm

      I’d had the opinion that this was taking place. As long as four years ago, I started seeing where JPM and a few others were making European moves that didn’t make sense. That’s part of how Corzine got caught with his pants down. This couldn’t have been happening without some back door agreements between those companies and the Fed. This story makes perfect sense to me. Crooked as hell, but it just shows how intertwined we are with the Socialist of Europe. Why do you think the Communist leader in France is now taxing people at such a high rate? He’s obviously forgotten what his countrymen do to people like him. I hope they remove his head from his body soon. For that matter, I hope that Americans can pick up the same trait when dealing with our Federal Reserve heads. Thanks for the article!

       

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