Deutsche Bank - all time low

[mr-dead]

So Deutsche Bank has now hit an all time low @ 8.76 euro (ATH 88.41 euro)

https://www.zerohedge.com/news/2018-06-27/deutsche-bank-tumbles-new-record-low-drags-european-banks

I think things are only going to get worse and if it does go belly up the contagion will be significant and could be the much needed catalyst to drive gold prices significantly higher.

[StackerNoob]

2 minutes ago, mr-dead said:

So Deutsche Bank has now hit an all time low @ 8.76 euro.

https://www.zerohedge.com/news/2018-06-27/deutsche-bank-tumbles-new-record-low-drags-european-banks

I think things are only going to get worse and if it does go belly up the contagion will be significant and could be the much needed catalyst to drive gold prices significantly higher.

Its a dangerous situation that is not being discussed for what it is in the mainsteam media - a global financial collapse catalyst. Their derivatives pile is so enormous ans intertwined that if Deutsche Bank fails, no amount of bail-outs or even bail-ins will even touch the sides of the hole that will be left.

[Pete]

Will the BBC blame BREXIT - I doubt it ?
Don't hear much on the 24 hr news channels about Greece, Portugal etc - thought they were all on their knees with Italy also about to implode.
Wait till we tell the EU they are not getting our €40 billion ( and the rest ) and see what happens when someone in Brussels finally notices the cashpoint is empty.

[Big23]

40bn? Peanuts... Most important thing for the next 3 weeks is who wins the football championship

[kimchi]

Let's ask the government to spend all our 'non-allocated, extra' tax money on transforming the NHS (still potentially the best one in the World, ever, imho) rather than waging wars against anyone they fancy, shall we?

The UK weapons budget is absolutely shocking and they could fix the NHS forever in one year's spending on needless artillery etc.

Who doesn't prefer that??!

[Bullionaire]

1 hour ago, Big23 said:

40bn? Peanuts... Most important thing for the next 3 weeks is who wins the football championship

Won't be Germany, that's for sure

"Down with your bank, you're going down with your bank, down with your baaank"

[kimchi]

Sorry for going off-topic.

I think we've all been told for almost a year (certainly ten months plus I reckon) that Deutsch Bank going down will be the start of the end. I'm expectig it, that's why I stack silver and food!

[Big23]

We as Austrians were not even qualified and we won against Germany a few weeks ago. We also have some rivalry going on with our 'bigger brother'. So there are a lot of people here celebrating today  

[Big23]

20 minutes ago, kimchi said:

Deutsch Bank going down will be the start of the end. I'm expectig it, that's why I stack silver and food

In a crisis like this you need 4 metals, we use to say, gold, silver, steel and lead  

[Big23]

7 hours ago, mr-dead said:

So Deutsche Bank has now hit an all time low @ 8.76 euro

Market cap is 21bn € only o.O

Apple could just buy them cash and revolutionize the banking sector  

[mr-dead]

1 hour ago, Big23 said:

Market cap is 21bn € only o.O

Apple could just buy them cash and revolutionize the banking sector  

until you consider their liabilities

[Big23]

Ah, no problem, Mum Merkel will manage it  

[mr-dead]

5 minutes ago, Big23 said:

Ah, no problem, Mum Merkel will manage it  

I believe it hit double the world GDP at one point.

 

[Big23]

That's no problem, all other Euro countries have to guarantee for it. Otherwise they would have to leave the Euro Zone and would go bankrupt immediately...

[Oldun]

Not Deutsche Bank per se but banking related

 

https://corporatefinanceinstitute.com/resources/knowledge/finance/basel-iii/

 

 

[Abyss]

David Quintieri the money GPS channel discussed Deutsche Bank (about 20 YouTube videos) another Black Swan

https://www.youtube.com/user/TheMoneyGPS/search?query=deutsche+bank

 

[dicker]

DB is a hot mess, and then some. 

The long rumoured Commerzbank merger won’t help in my humble opinion and will simply add to the already vast challenges has with its technology.

It will cost a fortune to integrate and even then I am guess will be out of the markets where it makes money.  

DB is shifting roles back to Germany, which would be great if anyone worked more than 9-5. 

I watch with interest

[vand]

Nothing to see here.. move on

 

[mdp2505]

The most scary thing is that it's not just DB. 

Plus look at the mess of HSBC at the moment. Between the troubles in Hong Kong, UK, Europe and China (including potential trade war issues) HSBC should make interesting viewing too.