Germany Stuck Between the ECB and Deutsche Bank
The financial and banking crisis can hit Germany as well – it could even become the epicentre of the crisis, given the size of Deutsche Bank.
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The financial and banking crisis can hit Germany as well – it could even become the epicentre of the crisis, given the size of Deutsche Bank.
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The €42 trillion (notional) derivatives mess known as Deutsche Bank remains under severe pressure. Its market cap is $17 billion. It has no earnings and pays no dividend. On April 23, Deutsche Bank was Fined $2.5 Billion over LIBOR rate rigging. Twenty-one people face criminal...
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While the most recent set of troubles plaguing Deutsche Bank have been duly documented here, most recently yesterday when the stock price tumbled once again just shy of all time lows over fears the bank's multi-billion DOJ settlement could severely impact its liquidity and/or solvency, this may b...
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The U.S. Federal Reserve Policy Committee tried, but once again failed to act on its December 2015 forecast of four interest rate increases this year.
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Gold and silver is money and instant liquidity. Throughout history, in every country where there has been a serious financial crisis, gold and silver have always functioned as money or barter.
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You probably already know it’s a bad idea to put all of your asset eggs in one investment basket. The same goes for holding all of your assets in one country. But how much thought have you put into political diversification?
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Several analysts in favour of gold are predicting a spike to come in the precious metal’s price. They base this prediction on several arguments
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In the last 36 years, US debt will have increased 22 times. It took 220 years to reach $10 trillion debt and Obama has achieved to double this in only 8 years.
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The national debt is now more than all of the world’s physical cash, gold, silver, and bitcoin combined. That is right. The U.S. national debt is that big.
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The more things change, the more they stay the same. The financial world loves focusing on some future event that they think will change everything. There is always some economic data, an important meeting like G20, the Fed, the ECB or a speech by Yellen or some other central bank head who hasn’t...
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A client of the Xetra-Gold Exchange-Traded Commodity was told the fund's designated sponsor, Deutsche Bank, would be unable to deliver the requested gold.
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The United States Bureau of Labor Statistics released its nonfarm payrolls data heading into the Labor Day weekend, and less than three weeks before the Federal Reserve meets to consider an interest rate hike.
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This question might sound preposterous, but this movement is very real and growing in importance: central banks are progressively buying private assets with their unmatched firepower.
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You need neither words nor a Ph. D. to see the evident distortion created by government manipulation of the currency.
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The fate of the global economy was decided decades ago as deficits, debts and derivatives started their exponential growth and reached the time bomb phase that we are now in.
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This long-standing monetary policy generates a massive and catastrophic perverse effect: banks are no longer profitable. In other words, this policy pushes them into bankruptcy. This is what no less than the IMF explains in a study from last August 10.
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