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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: kidl who wrote (177548)	3/30/2013 2:54:23 PM
From: kollmhn	6 Recommendations Read Replies (1) of 206159

Zerohedge loves conspiracy theories and articles to "support" them. Often full of crap which is why I don't read the site (unless it's put under my nose). "Deposits have a weak start in 2013." Correct. However, eyeing their own chart shows me a negative flow every January. This January was larger than most as was Feb. Any surprise that deposit flows are weak? The "leak" in Feb that led to 1.2 billion flowing out, followed what must have also been a "leak in January, which lost 1.0 billion. Do they really think such a "leak" could be kept quiet for two months yet somehow they got the word to the big depositors? Hardly. Third, I don't know the figure but I believe Cyprus deposits ran over one hundreds billion. (Moody's estimates that approximately 25 percent of total deposits in Cyprus belong to Russians, or some $31 billion worth of deposits in Cypriot banks). Is 2.2 billion flowing out a major concern? More like a pimple, imo.

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