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MSM in You'rope sayz banksters deposited back at the ECB even more money than the LTRO refinanced. But I didn't look into it, so it can be normal MSM bogusness.

 

That means that either other assets increased on ECB balance sheet (STRO, MTRO or Dolor Swaps), or other liabilities fell. Just basic accounting. You would have to look at last week's balance sheet and this week's to see what was what. I would but don't have time.

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Ever money printing event have triggered the EXACT chain of events.

It's happened over and over again the past 2 years.

These events 'try' to manipulate you into believing it's different. Trust me. It won't.

 

Ask yourself this..why would it be different this time?

We are nearing the tail end of this move. We'll get that 8%-25% correction off the top very soon.

 

Sitting and waiting is always the toughest...

 

 

Looking at the chart again, buying the channel break has been a death wish..QE or no QE.

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