Tag Archive: Deutsche Bank

Why Krugman, Roubini, Rogoff And Buffett Hate Gold

2016-10-10

by

2016-10-10

A couple of weeks ago an article appeared on Bitcoin Magazine entitled ‘Some economists really hate bitcoin’. I read it with a sigh of nostalgia. As someone who has been writing about gold for a few years, I am used to reading similar criticisms as those bitcoin receives from mainstream economists, about gold.

Read More »

Deutsche Bank CEO Returns Home Empty-Handed After Failing To Reach ‘Deal’ With DOJ: Bild

2016-10-09

by

2016-10-09

Following the seemingly endless procession of short-squeeze-fueling trial balloons last week - from settlement rumors to German blue-chip bailouts to Qatari investors - Germany's Bild newspaper confirms the rumors that sparked weakness on Friday: Deutsche bank CEO John Cryan has failed to reach an agreement with the US Justice Department.

Read More »

London Gold and Silver Fix lawsuits

2016-10-05

by

2016-10-05

Thurgood Marshall United States Courthouse
Five months have lapsed without decision, since London gold and silver benchmark-rigging class action lawsuits received a cool response in a Manhattan court. Transcripts from April hearings show, in the absence of direct evidence, the claims dissected by a “very skeptical” judge, and criticized by defendants for lack of facts suggesting collusion, among other things.

Read More »

Credit Crisis in Waiting

2016-10-03

by

2016-10-03

Donald Trump, Hillary Clinton
Clowns in the Coliseum DUBLIN – The presidential debate began long after our bedtime, here in Ireland. So we got up this morning, rubbed our eyes, and watched the highlights. “Lowlights” is perhaps a better way to describe it:

Read More »

FX Weekly Preview: Next Week’s Two Bookends

2016-10-02

by

2016-10-02

The start of next week will likely be driven by Deutsche Bank's travails and dollar funding pressures, which may or may not be related. The end of the week features the US monthly jobs report. Despite being a noisy, high frequency time series subject to significant revisions, this report like none other can drive expectations of Fed policy.

Read More »

Negative and the War On Cash, Part 2: “Closing The Escape Routes”

2016-09-08

by

2016-09-08

History teaches us that central authorities dislike escape routes, at least for the majority, and are therefore prone to closing them, so that control of a limited money supply can remain in the hands of the very few. In the 1930s, gold was the escape route, so gold was confiscated. As Alan Greenspan wrote in 1966:

Read More »

Negative Rates and The War On Cash, Part 1: “There Is Nowhere To Go But Down”

2016-09-04

by

2016-09-04

As momentum builds in the developing deflationary spiral, we are seeing increasingly desperate measures to keep the global credit ponzi scheme from its inevitable conclusion. Credit bubbles are dynamic — they must grow continually or implode — hence they require ever more money to be lent into existence.

Read More »

Credit Suisse dropped from index as european markets feel pressure after bank stress tests

2016-08-05

by

2016-08-05

The Swiss Market Index is set to close slightly higher this week, outperforming global equities thanks to defensive heavyweights such as Nestlé and Novartis.

Read More »

Central Bank Wonderland is Complete and Now Open for Business — The Epocalypse Has Fully Begun

2016-07-14

by

2016-07-14

Summer vacation is here, and the whole global family has arrived at Central-Bank Wonderland, the upside-down, inside-out world that banksters and their puppet politicians call “recovery.” Everyone is talking about it as wizened traders puzzle over how stocks and bonds soared, hand-in-hand, in face of the following list of economic thrills:

Read More »

SIBOR Forex Banking Fraud – another FX rate rigging scandal

2016-07-06

by

2016-07-06

Forex has been the big banks secret gold mine, supporting their other losing operations (like normal banking business, lending, etc.). To a large extent this has been unraveling, and this SIBOR lawsuit is another attack on their risk free profit center (FX). Read the entire lawsuit released by Elite E Services here in full.

Read More »

Return of the Repressed: Europe’s Unresolved Banking Crisis

2016-07-06

by

2016-07-06

The IMF identified three banks that posted the most significant systemic risks. It has been overshadowed by new pressure on Italy's banks, and Three UK commercial real estate funds have been frozen to prevent redemptions.

Read More »

ETF Securities Reports Biggest One-Day Gold Inflow Since Financial Crisis

2016-07-04

by

2016-07-04

It never ceases to amaze how vastly different the investment styles of gold paper vs physical traders are: while we have documented previously how the latter tend to buy progressively more the lower the price (as traditional "buy low, buy more lower" investing would suggest), "investors" in gold paper-derivatives such as ETFs and ETPs are quite the opposite: in fact, they rarely buy until someone else is buying and generating momentum.

Read More »

In Surprising Development NIRP Starts To Work, Pushing Rich Swiss Savers Out Of Cash Into Stocks

2016-06-23

by

2016-06-23

One of the rising laments against NIRP is that far from forcing savers to shift from cash and buy risky (or less risky) assets, it has done the opposite. Intuitively this makes sense: savers expecting a return on the cash they have saved over the years are forced to save even more in a world of ZIRP or NIRP, as instead of living off the interest, they have to build up even more prinicpal.

Read More »

The British Referendum And The Long Arm Of The Lawless

2016-06-23

by

2016-06-23

Kings have long arms, many ears, and many eyes.” So read an English proverb dated back to the year of our Lord 1539. And thus was born an idiom that today translates to the very familiar Long Arm of the Law. It stands to reason that such a warning was born of feudal times when omnipotent and seemingly omnipresent monarchs personified the law.

Read More »

Mind Control as a method to support the US Dollar

2016-05-08

by

2016-05-08

With dollar mind control, the American elites ensure that the dollar remains the global reserve currency. Average Americans should only consume and should not have access to sophisticated financial services.

Read More »

Negative Rates: Jim Bianco Warns “The Risk Of An ‘Accident’ Is Very High”

2016-04-29

by

2016-04-29

In an interesting interview with Finanz und Wirtschaft, Bianco Research president Jim Bianco discusses a variety of topics such as negative interest rates turning the entire credit process upside down, bank balance sheets being even more complex and ...

Read More »

Billion Dollar Lawsuits Filed Following Deutsche Bank’s Admission Of Gold, Silver Rigging

2016-04-16

by

2016-04-16

Barely a day had passed since the historic admission of gold and silver price rigging by Deutsche bank, which as we reported on Thursday was settled with not only "valuable monetary consideration", but Deutsche's "cooperation in pursuing claims" agai...

Read More »

FINMA Fines UBS, All Markets are Manipulated?

2016-04-14

by

2016-04-14

Gold and Silver Are Manipulated Deutsche Bank admitted today that it participated with other big banks in manipulating gold and silver prices. In 2014, Switzerland’s financial regulator (FINMA) found “serious misconduct” and a “...

Read More »

How Venezuela Exported 12.5 Tonnes Of Gold To Switzerland On March 8

2016-03-19

by

2016-03-19

Submitted by Ronan Manly of Bullionstar Blogs Following on from last month in which BullionStar’s Koos Jansen broke the news that Venezuela had sent almost 36 tonnes of its gold reserves to Switzerland at the beginning of the year, “Venezuela Exporte...

Read More »

Global Stocks Soar On Stimulus Hopes After Miserable Chinese, Japanese Data; Short Squeeze

2016-02-15

by

2016-02-15

Bad news is once again good news... for stocks that is.  After a month and a half of markets unable to decide if they should buy or sell on ugly data, over the weekend, People’s Bank of China Governor Zhou Xiaochuan expressed faith in the economy, ...

Read More »