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A Bloomberg analysis has the largest U.S. money market funds cutting investment in Deutsche Bank...
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Friday, November 11, 2011, 3:17 PM ETA Bloomberg analysis has the largest U.S. money market funds cutting investment in Deutsche Bank (DB) by $8.1B in October, the largest drop among major Western lenders, but just a sliver of the bank's overall funding. On a percentage basis, French banks are faring far worse, having lost the majority of their money market funding over the past year.
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Believe me, if you looked at my trading account and looked at my success in trading corn, or soybeans, or crude, or something like that: I make choices just as badly as the average guy. The reason why I am successful in forecasting gold and silver is because they are manipulated.
Because once you understand that the bullion banks, particularly JPMorgan in silver, are in there trying to stack the deck in their favor, then you use some simple technical analysis. And you begin to see where they're going to act, where they're going to place some sell orders to try to start cascading waterfall selling by tripping stocks.