10 year T-Bills have risen to 2.88% yield due to hints that the Fed will taper off the monthly purchase of $85 Billion monthly, (QE or Quantitative Easing) thereby causing a perceived shortage of T-Bills. Ridiculous. Paper backed by paper is still paper.
That same 'tapering' hint, as they call it, has caused a drop in the Dow back to sub 16,000 levels, erasing the recent gain. Notice, there has not yet been any 'tapering' yet stocks have dropped. The stock market is a dangerously paranoid place.
One other effect of the dreaded tapering is that there has been a sell-off of gold (and silver) to levels set in winter of 2010. Investors, ever eager to stay ahead of the curve, are rushing back into the bond market (T-Bills) as interest rates ease up. Now is the time to find bargains in metals. I recommend: http://www.apmex.com/product/59745/1922-1935-peace-silver-dollars-100-coin-bag-vg-xf
Read 6 Main Financial Threats for 2014: http://www.foxbusiness.com/investing/2013/12/12/six-threats-to-market-in-14/?intcmp=obnetwork
#1: As with most things on Wall Street, the conversation must begin with the Federal Reserve, which is widely expected to begin the delicate process of unwinding its unprecedented quantitative easing experiment.