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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum

GLD 375.93

-1.8%

Nov 14 4:00 PM EST

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To: KyrosL who wrote (79991)	9/23/2011 4:54:47 PM
From: Maurice Winn	1 Recommendation Read Replies (1) of 217768

There is a bank run on Wells Fargo now. So run for the hills. <A bank run is not hard to start. > I have shorted it because when the bank run gets serious on WFC, the share price will fall a LOT. Having started the bank run, I'll check in on Monday [USA time] to see how the run is going. Do you think I have done enough to start the run? I got a good roll going on Lehman Brothers and that worked a treat, all the way down to sold off to Barclays. Hey, there really is a run on Wells Fargo. House prices are down [the security under pinning the share price], mortgagee and "cash for keys" transactions are up [see CB's comments]. WFC has already sagged somewhat. I really did short WFC. It looks like a bank run to me. How's that? With that added impetus, there should be a veritable stampede underway, not just a jog, trot, canter, run or gallop. Mqurice

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