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Deutsche Bank Is Crashing Again: Why One Hedge Fund Expects Much More Pain For European Banks, page-90

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33,131 Posts.

1404

12/04/16

16:23

Post #: 17484404
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Originally posted by JFI ↑

I think we are ready for the attempt on US$1342 imminently.

No return to the 11 hundred US$ handle again. Daily spot higher than 50 dma higher and 50 dma higher than the 200 dma.

My only comment is utter surprise that there is still an opportunity to add at these levels in varying forms on Gold/Silver at this stage of the game. Unreal.

I think the reality of the economic/financial situation is such that most are aware now of the dire situation. The reality is a bitter pill and as most live from pay cheque to pay cheque I can only assume that most are now ignoring the obvious and not even hoping for the best but just taking what we can until its over.

Get prepared.

JFI

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Well you know what to do, go to your local bank, mortgage the house and back the truck up.

But if your previous predictions like the major cataclysm that was supposed to happen on October 1 last year are anything to go by I'd be extremely careful.

What was it? Dow 5,000.
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