the biggest story of the day- The continued decline of Deutsche Bank
Craig Hemke, found of TFMetalsReport.com shares his insights on the Deutsche Bank situation. The problem extends far beyond just the bank as other banks within Europe are in worse shape. The biggest question is what will Merkel or the ECB do… Stand by and watch the bank collapse? That would surprise me.
Click here to visit Craig’s website.
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Wells Fargo on the back burner…
The Run Begins: Deutsche Bank Hedge Fund Clients Withdraw Excess Cash
The Run Begins: Deutsche Bank Hedge Fund Clients Withdraw Excess Cash
Deutsche Bank concerns just went to ’11’ as Bloomberg reports a number of funds that clear derivatives trades with Deutsche Bank AG have withdrawn some excess cash and positions held at the lender, a sign of counterparties’ mounting concerns about doing business with Europe’s largest investment bank.
I believe Soros is heavily shorting DB , because that is what despicable scum does….destroy, destroy and profit from destruction. That is why he is funding Black Lives Matter, not because he cares about Black lives, but he desires to destabilize the US.
CONvince the masses central banks may buy stocks to help in a downturn. Fed jawboning is all that’s left? Wells Fargo was yelled at, to make it look like they are doing something before the election.
Yellen Says Fed Buying Stocks Is “A Good Thing To Think About” And Could Help In A Downturn
Having hinted overnight that The Fed could buy stocks “maybe in the future,” Janet Yellen blurted out confirmation that buying assets other than long-term U.S. debt is on the table. Despite the total and utter failure of SNB and BOJ direct equity buying to create increased consumption, Yellen explained “it could be useful to be able to intervene directly in assets where the prices have a more direct link to spending decisions.”
Classic Turd…
“No offense taken”
Submitted by Turd Ferguson on December 9, 2013 – 3:12pm.
MODERATOR
But I don’t think you understand. My point is this:
While GOFO was negative twice earlier this year, gold rose on average about 2%/week.
GOFO is now negative again and, as long as it stays there, ALL OF THE ASSWIPES WHO CLAIM GOLD WILL GO TO $1050 WILL BE DEAD WRONG.
The point of this and nearly every post over the past three weeks is to assure everyone here that prices are not headed lower. There is no need to panic and sell.
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But…but….what if “they” were absolutely right and you we’re ass backwards wrong???
http://www.tfmetalsreport.com/comment/170246#comment-170246
…and the folks who thought $1050 or lower gold was possible were castigated as being, in Turds own words, “asswipes”?
What does that make the person who thought $1200 or $1050 had/has zero chance?
Keep stacking