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<p class=MsoNormal><b><font size=2 face=Tahoma><span style='font-size:10.0pt;
font-family:Tahoma;font-weight:bold'>From:</span></font></b><font size=2
face=Tahoma><span style='font-size:10.0pt;font-family:Tahoma'> Money Management
Radio [mailto:news@moneymanagementradio.com] <br>
<b><span style='font-weight:bold'>Sent:</span></b> Sunday, June 23, 2013 5:12
PM<br>
<b><span style='font-weight:bold'>To:</span></b> "marc"<br>
<b><span style='font-weight:bold'>Subject:</span></b> [Money Matters
Newsletter] Market Screams at Ben- "Dont stop the party Ben!" Update
June 23, 2013</span></font><o:p></o:p></p>
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<h1><span class=issue-title><font size=2 color=black face=Verdana><span
style='font-size:11.0pt;font-family:Verdana;color:black'>Market Screams at
Ben- "Dont stop the party Ben!" Update June 23, 2013</span></font></span><font
size=2 color=black face=Verdana><span style='font-size:11.0pt;font-family:
Verdana;color:black'><o:p></o:p></span></font></h1>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'><img width=550 height=211 id="_x0000_i1026"
src="http://moneymanagementradio.com/files/moneymn/editor/Dow%20June%202013_chart_api.asp_.png"
style='height:211px;width:550px'><o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'> <o:p></o:p></span></font></p>
<p><em><b><i><u><font size=2 color=black face=Verdana><span style='font-size:
10.0pt;font-family:Verdana;color:black;font-weight:bold'>Marc's Notes:</span></font></u></i></b></em><font
size=2 color=black face=Verdana><span style='font-size:10.0pt;font-family:
Verdana;color:black'><o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>Wow, what a week. The markets sure did not
like Ben Bernanke threatening to take away the punch bowl full of printed
money. Not that he will anytime soon, but just the mention of it sent world
markets into a tailspin. Interest rates soared, bonds and stocks plummeted.
Gold got hammered as well. I did the show last week on this market fall and
what to expect but for those who missed it, I mentioned that the markets are
addicted to cheap money from the Fed and bond markets are as well. Any
whisper of the drug (printed money) being withdrawn and the addicts go crazy
and did. I hope everyone heeded the suggestion to have mental stops or real
stops in place to protect profits as well as to sell bonds. (I said that last
year and repeated it often).<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>As for now, we wait to see if the fall will
stop but the real canary will be if interest rates stop their ascent. If they
do NOT, then we have the chance for real problems. Debt soaked economies
everywhere will face rising financing costs and real estate will fall off a cliff.
We will see if Ben can keep interest rates from rising. He has been and will
be buying truck loads of debt to try and stem this rise. I have always said
he will NEVER be able to stop his printing. The economy is too addicted to
it. He will talk about it but will back down when the markets react as they
just did. He will claim the economy is still too fragile. He is right of
course. They are too fragile to exist without the printing press that
is! <o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>Stock holders, we may be in for more
downside but trust that partying Ben will bring out the punch bowl again as
soon as the crowd complains of hangover. Just the MENTION of Ben leaving sent
markets into a tailspin!<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>For now, be careful, set stops or watch for
further erosion. With only the recommended 10- 15% in stocks, you cant get
hurt too badly. As for bonds, get rid of any long term bonds if you have not
already and hold only short term government or AAA rated debt, but all short
term!<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>As for our insurance, gold and silver, the
underlying reasons for insurance has not changed. To be held JUST IN CASE the
dollar implodes!<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>Hold your interest rate funds shorts (TBT
and SJB, RRPIX) and hold your foreign annuities and currencies as well as
maintain your foreign bank accounts. Watch interest rates! They are your clue
as to what is next. Watch for Ben to announce a back track or put his minions
out to start hinting of such. Ben will print again!<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>Want to attend class? Learn what to do?
Email me!<br>
Want to meet? Email me. I have a bit of free time this summer but not much.
Get in early or wait in line until the fall when I return from vacations.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>For now, read this below and think gold and
silver.<o:p></o:p></span></font></p>
<p align=center style='text-align:center'><strong><b><i><u><font size=2
color=black face=Verdana><span style='font-size:10.0pt;font-family:Verdana;
color:black;font-style:italic'>Markets do their best to fool you- Look deeper</span></font></u></i></b></strong><font
size=2 color=black face=Verdana><span style='font-size:10.0pt;font-family:
Verdana;color:black'><o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>Most investors don’t realize that even in
bull markets severe corrections can still take place without violating the
premise of what makes a bull market.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>What I mean by that is take the typical
stock market. Investors tend to think bull markets always have to rise in
price to signify a bull or up market is indeed continuing.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>Technically speaking this is far from the
truth. Bull markets usually have significant and ongoing price increases but
to really be a true bull market, severe corrections can and usually do take
place. It’s sort of like back filling. Prices that continually rise are
more like bubble markets and usually end badly and cannot be sustained over
long periods.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>A straight line up in prices signifies an
irrational exuberance and that investors have tossed caution to the wind.
These linear price actions that rise like rockets on the Fourth of July are
not a sign of a true bull market but of a market that has left reason behind
and morphed into mania.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>Our recent real estate market comes to mind.
It had little or no pull back over its life span and with this unrelenting
meteoric rise came the catastrophic fall.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>True and healthy bull markets rise in fits
and starts, up strong one day then correcting some the next.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>This up and down motion in price with a
tendency towards always ending higher over a long period of time are the way
true bull markets rise.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>It is said bull markets rise on a wall of
worry, a worry that they may fall anytime, but its long term trend is always
up. Corrections take place all along the rising curve, and it’s these corrections
that are the back filling of the price rise before it.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>The corrections are investors who got in
earlier taking profits, and severe corrections tend to wash out what is
called the “weak hands”, those that don’t have the stomach for quick routs in
price action. Smart investors know that by holding thru these corrections or
even buying more is the way to the big money.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>Skittish investors tend to sell on brief
falls, giving up their shares to those who see the real trend. Severe
corrections can give back almost half of the total increase and still qualify
as bull markets.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>It’s these dramatic corrections that can
cause even the savviest investor to question his positions and as to whether
the end of the bull has arrived.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>It’s difficult to tell just when a bull has
ended and therein lays the problem. How do you know when to sell and if the
bull is truly exhausted? <o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>By focusing on the reasons the bull took
flight in the first place is one way you can get a feel as to what is to
come. Find the underlying reason the asset began to rise and stick to that.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>If the initial reason or reasons still
exist, a drastic price fall might only be the markets way of trying to fool
you.<o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'>This article expresses the opinions of Marc
Cuniberti. Mr. Cuniberti hosts “Money Matters” on KVMR FM 89.5 and 105.1 FM
on Thursdays at noon. He has been featured on NBC and ABC television and on a
host of made for TV documentaries for his economic insights. His website is <a
href="http://www.moneymanagementradio.com/">www.moneymanagementradio.com</a><o:p></o:p></span></font></p>
<p><font size=2 color=black face=Verdana><span style='font-size:10.0pt;
font-family:Verdana;color:black'> <o:p></o:p></span></font></p>
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<p><font size=1 color=black face=Verdana><span style='font-size:7.0pt;
font-family:Verdana;color:black'>Produced and Hosted by Marc Cuniberti<o:p></o:p></span></font></p>
<p><font size=1 color=black face=Verdana><span style='font-size:7.0pt;
font-family:Verdana;color:black'>Web Site: <a
href="http://www.moneymanagementradio.com">http://www.moneymanagementradio.com</a><o:p></o:p></span></font></p>
<p><font size=1 color=black face=Verdana><span style='font-size:7.0pt;
font-family:Verdana;color:black'><br>
Money Management Radio is the sole property of Bay Area Process Inc. and all
rights are reserved. Money Matters is produced and written at KVMR FM in
Nevada City and all related information given under Money Matters is through
KVMR FM Radio.<o:p></o:p></span></font></p>
<p><font size=1 color=black face=Verdana><span style='font-size:7.0pt;
font-family:Verdana;color:black'><br>
"Money Matters" and "Your Money Matters" is aired
throughout Northern California and the State Capitol.<o:p></o:p></span></font></p>
<p><font size=1 color=black face=Verdana><span style='font-size:7.0pt;
font-family:Verdana;color:black'>Marc and Money Matters has been featured on
NBC and ABC television and on various news programs and documentaries.<br>
Northern California's # 1 "alternative" economic show.<br>
"Know the Truth and the Truth Shall Set You Free" John 8:32<br>
Carried on bandwidths: 89.5 105.1 95.1 103.7 90.1 91.9 FM Radios throughout
Northern California and the State Capitol.<br>
Worldwide on the web at <a href="http://WWW.KVMR.ORG">KVMR,</a> <a
href="http://kzfr.org/" target="_blank" title="KZFR Radio">KZFR</a>,</span></font><font
size=1 color=blue face=Verdana><span style='font-size:7.0pt;font-family:Verdana;
color:blue'> <a href="http://www.kqny.org">KQNY</a></span></font><font
size=1 color=black face=Verdana><span style='font-size:7.0pt;font-family:
Verdana;color:black'>, <a href="http://KFOK.org">KFOK</a> FM RADIO and
affiliated stations.<o:p></o:p></span></font></p>
<p><font size=1 color=black face=Verdana><span style='font-size:7.0pt;
font-family:Verdana;color:black'>His newscasts are available nationally at
PRX: http://www.prx.org/users/133307-marccuniberti<o:p></o:p></span></font></p>
<p><font size=1 color=black face=Verdana><span style='font-size:7.0pt;
font-family:Verdana;color:black'>Where I buy some of my gold and silver: What
I call “Possession Gold”. See below.<o:p></o:p></span></font></p>
<p><font size=1 color=black face=Verdana><span style='font-size:7.0pt;
font-family:Verdana;color:black'>At this time, email me if you wish to buy
physical gold or silver at marc@moneymanagementradio.com. or for infomation
on moving money offshore.<o:p></o:p></span></font></p>
<p><font size=1 color=black face=Verdana><span style='font-size:7.0pt;
font-family:Verdana;color:black'>Follow <em><b><i><u><font face=Verdana><span
style='font-family:Verdana;font-weight:bold'>Marc Cuniberti</span></font></u></i></b></em>
on <a href="http://www.twitter.com">Twitter</a> for daily Money Matter
updates.<o:p></o:p></span></font></p>
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