CLN – Michael Snyder – Mass Carnage: Stocks, Bonds, Gold, Silver, Europe And Japan All Get Pummeled – 21 June 2013

Can you smell that?  It is the smell of panic in the air. As I have noted before, when financial markets catch up to economic reality they tend to do so very rapidly.  Normally we don’t see virtually all asset classes get slammed at the same time, but the bucket of cold water that Federal Reserve Chairman Ben Bernanke threw on global financial markets on Wednesday has set off an epic temper tantrum.

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