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Re: gldtimer post# 2627

Friday, 02/05/2016 5:46:50 PM

Friday, February 05, 2016 5:46:50 PM

Post# of 4668
True to form, I've been hibernating myself lately and have had wonderful long deep winter sleeps.

The BKX bank stock index has dropped 18% since December 23 vs. 7.5% for the S&P 500 in the same time period. While all eyes seem to be fixated on Deutsche Bank’s stock, it would seem to me that we should be focused on the financial meltdown occurring behind the Fed’s “curtain” that is clearly going on in the U.S. banking system based on the sudden plunge both in the credit quality of the Fed’s balance sheet and the recent cliff-dive in bank stocks.

http://thenewsdoctors.com/did-something-blow-a-hole-in-the-feds-balance-sheet-dave-kranzler/

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