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Deutsche Bank toxic derivative losses

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Comments

  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AG47 wrote: »
    The Silver market has been proven to be rigged all along

    By the way, the silver rigging is still in full display today. Will we ever get a free market in silver?

    AG47 wrote: »
    I'm buying silver bullion while it's still so artificially cheap,

    Why would you buy silver after going on and on about the silver market being rigged?!?!?
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • AG47
    AG47 Posts: 1,618 Forumite
    Why would you buy silver after going on and on about the silver market being rigged?!?!?

    Obviously because the criminal price suppression will come to an end sometime. I'm buying silver for my pension, it's for my retirement.
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47
    AG47 Posts: 1,618 Forumite
    I wonde how many more DB bankers will be suiceded when the next earnings report is released?

    https://youtu.be/iXVVK5mokKw
    Nothing has been fixed since 2008, it was just pushed into the future
  • wotsthat
    wotsthat Posts: 11,325 Forumite
    AG47 wrote: »
    Obviously because the criminal price suppression will come to an end sometime. I'm buying silver for my pension, it's for my retirement.

    Quite contrarian thinking the collapse of the global financial system will contribute to a long and happy retirement.
  • AG47
    AG47 Posts: 1,618 Forumite
    wotsthat wrote: »
    Quite contrarian thinking the collapse of the global financial system will contribute to a long and happy retirement.

    Buying silver is a protection against a crisis, but you will also do well if there is no crisis.

    But with the silver price having been suppressed so far for so long, and now it's been admitted, you really can't go wrong whatever happens buying silver while the price is still so low.
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47 wrote: »
    Buying silver is a protection against a crisis, but you will also do well if there is no crisis.

    But with the silver price having been suppressed so far for so long, and now it's been admitted, you really can't go wrong whatever happens buying silver while the price is still so low.

    Unless it goes lower.
  • Jon_B_2
    Jon_B_2 Posts: 832 Forumite
    500 Posts
    DB have announced a profit. This wasn't in the script if this thread is to go by.
  • vivatifosi
    vivatifosi Posts: 18,746 Forumite
    Part of the Furniture 10,000 Posts Mortgage-free Glee! PPI Party Pooper
    edited 27 October 2016 at 7:16AM
    Please stay safe in the sun and learn the A-E of melanoma: A = asymmetry, B = irregular borders, C= different colours, D= diameter, larger than 6mm, E = evolving, is your mole changing? Most moles are not cancerous, any doubts, please check next time you visit your GP.
  • AG47
    AG47 Posts: 1,618 Forumite
    Bloomberg has even just said they have been cooking he books.

    http://www.bloomberg.com/news/articles/2016-10-25/deutsche-bank-said-to-weigh-alternatives-to-cash-bonus-payments

    Coming to the end of third quarter, this could be the final tipping point of the apple cart.

    Their derivative valuations have all been miss stated , somebody screwed up somewhere, they are trying to hide losses.

    8 billion out of their ETFs, how much longer can they hide their losses, don't they know it's only postponing the inevitable

    https://youtu.be/hsklo2l4MEU
    Nothing has been fixed since 2008, it was just pushed into the future
  • theEnd
    theEnd Posts: 851 Forumite
    AG47 wrote: »

    Where does it say they've been cooking the books?

    Sounds like they're still considering paying out bonuses and looking to do some of it as equity rather than cash.
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