High Probability That Something Is About To Happen – Another Terror Attack? Real Estate Crash? New Reserve Currency? War?

Vine of Life News, your premier Christian news source.

This terror alert is World Wide , centering around Sunday August 4th 2013!!

http://www.google.com/hostednews/afp/…

Why Another Great Real Estate Crash Is Coming

There are very few segments of the U.S. economy that are more heavily affected by interest rates than the real estate market is.  When mortgage rates reached all-time low levels late last year, it fueled a little “mini-bubble” in housing which was greatly celebrated by the mainstream media.  Unfortunately, the tide is now turning.  Interest rates are starting to move up steadily, even though the Federal Reserve has been trying very hard to keep that from happening.  A few weeks ago, when Federal Reserve Chairman Ben Bernanke suggested that the Fed may start to “taper” the rate of quantitative easing eventually, the bond market had a conniption and the yield on 10 year U.S. Treasuries shot up dramatically.  In an attempt to calm the market, the Fed stopped all talk of a “taper” and that helped settle things down for a brief period of time.  But now the yield on 10 year U.S. Treasuries is starting to rise aggressively again.  Today it closed at 2.71 percent, and many analysts believe that it will go much higher.  This is important for the housing market, because mortgage rates tend to follow the yield on 10 year U.S. Treasuries.  And if mortgage rates keep rising like this, another great real estate crash is inevitable….

http://theeconomiccollapseblog.com/archives/why-another-great-real-estate-crash-is-coming

WARNING: 10-Year U.S. Treasury Note Is Signaling A Move To 3.0%, If Bernanke Does Not Taper Soon, The Bond Market Will Force Him

http://investmentwatchblog.com/warning-10-year-u-s-treasury-note-is-signaling-a-move-to-3-0-if-bernanke-does-not-taper-soon-the-bond-market-will-force-him/

Gerald Celente on Detroit’s ‘No-town’ and the New Reserve Currency

Here’s what’s in your Prime Interest today:
Risk markets are up — congratulations Bernanke! While the Bank of England said they’d put QE on hold this morning, the S&P 500 edged over 1700 today — with the help of a key manufacturing report. According to Barron’s, one of our key sources, they say — quote “It’s hard to understate the gains in this report.” Unfortunately, construction spending collapsed by the largest amount in a year, missing expectations dramatically.

And mortgage rates, the cost of buying a home — hint: think construction — are up again — now just shy of four and a half percent. Just three months ago they were a full percentage point lower. That was about the time Chairman Bernanke threatened to taper off his QE bond buying. 

Then there are all the funds that swooped in to buy cheap foreclosed houses and turn them into rental properties. Well, they are selling vis-a-vis IPO’s — in other words, dumping inventory on the middle class. Can’t have a bubble without that. As Zero Hedge notes, American Homes 4 Rent just priced at a 44% discount versus its June prospectus offering. Meaning, rats — both small and New York-sized alike — are leaving the ship.

New developments with the controversial Durbin Amendment, which we’ve coined as the swipe fight. A US District Judge kicked back the Federal Reserve’s rule capping debit card swipe fees saying they are still to high. The Durbin Amendment has saved merchants billions to date — which they are not passing onto consumers, and retailers are asking for even more. Meanwhile, banks are loosing revenue and passing those cost onto debit card customers. More than likely the Fed will appeal the courts decision. Perianne breaks down interchange fees in detail. And Bob discusses recent global economic trends with Gerald Celente. Detroit, the Fed, Summers versus Yellen.

Why We Are On The Verge Of Another Subprime Crisis

http://investmentwatchblog.com/why-we-are-on-the-verge-of-another-subprime-crisis/

Thanks Ben Bernanke: Using A Shotgun As Down Payment For A Car

http://www.zerohedge.com/news/2013-04-03/thanks-ben-bernanke-using-shotgun-down-payment-car

High Probability That Something Is About To Happen

In this report we will discuss the latest news on the economic collapse. Greece is getting worse they are continually adding debt on top of debt. The US and Egypt are having a drill where troops will be in Egypt, is this a setup to get the troops into Egypt to maintain control. Snowden now has asylum in Russia and the US is angry and wants to look at the US/Russian policies. Countries are moving military assets to better protect their countries and on Sunday Aug 4 the government is ordering embassies closed world wide because of security fears.

Filed under: Bible Prophecy, Breaking News, World News Tagged: Bank of England, Ben Bernanke, Detroit, Federal Reserve System, Gerald Celente, Quantitative easing, Real estate, United States Treasury security

Vine of Life News, your premier Christian news source.