Deutsche Bank

#26
#26
From back in June prior to the Brexit vote. Now that it's a done deal the weak links are starting to unravel. Lots of banks going down if Deutsche does which could cause chaos politically between lots of EU members. Maybe the unraveling of this turd socialist experiment is at hand. Consequently, might be a good time to get on the sidelines.

Forget Brexit, It's The Banks Stupid! | Zero Hedge
 
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#30
#30
It's not just Deutsche Bank...

Imagine the implosion of most of the major European banks...and the chaos that ensues if the ECB tries to backstop. IMF/World Bank to the rescue!!! Which means what?..... the U.S. taxpayer may be getting put on the hook to bail out European banks this time. The absolute biggest theft...err...transfer of wealth out of the U.S.

https://finance.yahoo.com/news/raou...-but-the-clouds-are-everywhere-193927778.html
 
#31
#31
Vol737 said:
It's not just Deutsche Bank...

Imagine the implosion of most of the major European banks...and the chaos that ensues if the ECB tries to backstop. IMF/World Bank to the rescue!!! Which means what?..... the U.S. taxpayer may be getting put on the hook to bail out European banks this time. The absolute biggest theft...err...transfer of wealth out of the U.S.

https://finance.yahoo.com/news/raou...-but-the-clouds-are-everywhere-193927778.html
Click to expand...

The wealth of our nation, gone ... appropriated to support countries with failed governments everywhere. Does anybody get the Twilight Zone feeling that there is a subrosa globalist world government that intends on totally bringing the US to it's knees, then remaking western civilization to it's own liking? I have never ever been a conspiracy believer, but all the shizz with Soros, the Clintons, the banks. whew!

We have to get rid of the lifetime politicians and HiLIARly Clinton has never ever done anything else and plays the Democrats like a drum.
 
#32
#32
Here's the latest rumor:

1. China is offering to purchase as many outstanding long gold futures contracts as possible from Deutsche Bank (China offering an immediate injection of liquidity)
2. Meanwhile, China is on "holiday" this week (Cats away, mice will play)
3. Conveniently, we've seen bunches of gold contracts dumped on the market this week that has brought gold down $70/toz since Friday
4. What is happening is that "The Powers That Be" DO NOT want China to be standing as a large holder of long/call gold options because they will not be able to settle the trade with cash. China will be wanting to stand for delivery of gold... and China is more than willing to pay a premium for these long positions using their US treasuries reserves.
5. In other words, China is leveraging the Deutsche Bank collapse as a means to exchange their (worthless) US treasury reserves for actual gold reserves
 
#33
#33
Orangedogsrule said:
The wealth of our nation, gone ... appropriated to support countries with failed governments everywhere. Does anybody get the Twilight Zone feeling that there is a subrosa globalist world government that intends on totally bringing the US to it's knees, then remaking western civilization to it's own liking? I have never ever been a conspiracy believer, but all the shizz with Soros, the Clintons, the banks. whew!

We have to get rid of the lifetime politicians and HiLIARly Clinton has never ever done anything else and plays the Democrats like a drum.
Click to expand...

i never understood the collective idea. I can roll with, and generally agree with, a bunch of rich greedy people ruling a country or a region. but never understood how they could operate over the whole world. too many diverse interests, there would be internal quarrels.

I have always associated the belief into a NWO type sphere of power as an attempt to rationalize an irrational world.
 
#34
#34
Orangedogsrule said:
The wealth of our nation, gone ... appropriated to support countries with failed governments everywhere. Does anybody get the Twilight Zone feeling that there is a subrosa globalist world government that intends on totally bringing the US to it's knees, then remaking western civilization to it's own liking? I have never ever been a conspiracy believer, but all the shizz with Soros, the Clintons, the banks. whew!

We have to get rid of the lifetime politicians and HiLIARly Clinton has never ever done anything else and plays the Democrats like a drum.
Click to expand...

I've mentioned it several times on these threads. Grab a copy of The Creature from Jekyll Island. Explains everything we need to know about how this all operates and by whom and why. Everything is accelerating now because they know the people won't fight back except for the charade we call "elections". The political/bureaucratic/financial elite are the new ruling class.
 
#35
#35
Vol737 said:
I've mentioned it several times on these threads. Grab a copy of The Creature from Jekyll Island. Explains everything we need to know about how this all operates and by whom and why. Everything is accelerating now because they know the people won't fight back except for the charade we call "elections". The political/bureaucratic/financial elite are the new ruling class.
Click to expand...

You're going to be labeled a socialist by saying this...
 
#36
#36
Rasputin_Vol said:
You're going to be labeled a socialist by saying this...
Click to expand...

I like to live on the edge. :good!: Of course most people on this board know I'm pretty conservative, certainly from a fiscal standpoint. Pretty moderate on most social issues.
 
#40
#40
Ex-Trader Linked to Deutsche Bank Is Aiding U.S. Spoof Probe

The trader, David Liew, pleaded guilty to fraud on Thursday in federal court in Chicago for his role in the spoofing of contracts for gold, silver, platinum and palladium, according to court papers. Along with spoofing -- which is placing orders without the intent of executing them in an attempt to manipulate the price -- he also acknowledged front-running customers’ orders.

Liew’s cooperation suggests more headaches for Deutsche Bank and its traders. Liew worked on his own but also with at least three other traders at the bank to coordinate spoofing hundreds of times, practices he said he learned from his co-workers, according to court documents. Liew’s employer is described as Bank A in the plea agreement and identified as Deutsche Bank by the person familiar with the matter.
Click to expand...

So we have a low level trader that is getting his day in court, yet when will the big dogs face justice? If Liew learned this from his co-workers and the did this hundreds of times, how in the world could the guys upstairs not know what is going on?
 
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#44
#44
Rasputin_Vol said:
Not good... not good at all.

As No One Watched, Trump Pardoned 5 Megabanks For Corruption Charges
Click to expand...

A pardon, as in Presidential? To whom? LOL, typical 'click bait' headlines.

Let's clarify, the Labor Department granted exemptions to 5 'managers' affiliated with banks connected to LIBOR cases. The exemptions for qualified professional asset managers, known as QPAMs, are required whenever a money manager's affiliates or parent is convicted on criminal charges.

The notice was published late last month. Labor Department officials proposed in November 2016 (under Obama admin) to grant the exemptions for money management units of Deutsche Bank, Citigroup, Barclays Capital, J.P. Morgan Chase and UBS, under certain conditions, and gave temporary exemptions while reviewing the cases.

PIOnline : Subscription Center
 
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#45
#45
Rasputin_Vol said:
Here's the latest rumor:

1. China is offering to purchase as many outstanding long gold futures contracts as possible from Deutsche Bank (China offering an immediate injection of liquidity)
2. Meanwhile, China is on "holiday" this week (Cats away, mice will play)
3. Conveniently, we've seen bunches of gold contracts dumped on the market this week that has brought gold down $70/toz since Friday
4. What is happening is that "The Powers That Be" DO NOT want China to be standing as a large holder of long/call gold options because they will not be able to settle the trade with cash. China will be wanting to stand for delivery of gold... and China is more than willing to pay a premium for these long positions using their US treasuries reserves.
5. In other words, China is leveraging the Deutsche Bank collapse as a means to exchange their (worthless) US treasury reserves for actual gold reserves
Click to expand...

I have no idea how they have held on this long, but it appears that gold breaking the $1400/oz milestone recently may be the catalyst for some of this...

Deutsche Bank Considers Up to 20,000 Job Cuts
 
#46
#46
Rasputin_Vol said:
I have no idea how they have held on this long, but it appears that gold breaking the $1400/oz milestone recently may be the catalyst for some of this...
Click to expand...

What does the price of gold have to do with the number of DB employees?
 
#50
#50
Rasputin_Vol said:
Did you not bother to read the post that I linked in my comment with regards to China/gold?
Click to expand...

I'm no options expert but if DB sells a bunch of options that are priced too low and it loses money, what does that have to do with "the powers that be"?
 
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