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Deutsche Bank toxic derivative losses

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Comments

  • Autumn86
    Autumn86 Posts: 275 Forumite
    So how many £ per Point is your current open short-sell trade on DB?
  • AG47
    AG47 Posts: 1,618 Forumite
    Autumn86 wrote: »
    So how many £ per Point is your current open short-sell trade on DB?

    I'm bettering against the global debt bomb by buying physical silver.

    No more digital illusions of wealth for me.
    Nothing has been fixed since 2008, it was just pushed into the future
  • AG47 wrote: »
    I'm bettering against the global debt bomb by buying physical silver.

    No more digital illusions of wealth for me.
    What a stupid way to go. There’s 20% VAT on silver.

    If you’d really done it you’d know, and would have bought something else.

    Any more fantasies you’d like to invent and share?
  • AG47
    AG47 Posts: 1,618 Forumite
    What a stupid way to go. There’s 20% VAT on silver.

    If you’d really done it you’d know, and would have bought something else.

    Any more fantasies you’d like to invent and share?

    When you sell silver in the uk on eBay or something, you get the 20% back.

    Buying from a private seller is about the same price as buying from the dealers.

    Silver is a very good investment at these historic low prices. Far batter than gold.

    Gold has doubled its previous high from the 1970s, while silver is still less than half the price from the late 1970s.

    Can you tell me any other asset that is so cheap it is half the price is was in the 1970s?
    Nothing has been fixed since 2008, it was just pushed into the future
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AG47 wrote: »
    I'm bettering against the global debt bomb by buying physical silver.

    Buying a silver chain for £20 in the Argos sale doesn't qualify as "buying physical silver!" ;)
    AG47 wrote: »
    No more digital illusions of wealth for me.

    I think this may be the most sensible thing I've ever seen you post; it's good to see you have now realised how silly your "I still think bitcoin will be $100k by 2019" prediction was...
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • MobileSaver
    MobileSaver Posts: 4,349 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    AG47 wrote: »
    Deutsche bank ... 1st Feb they have to release last quarter results, they can no longer hide the mass losses.
    AG47 wrote: »
    Yes come March 29th, then Feb 2nd DB can not hide their true situation any longer.

    Whoops, no mass losses, actually €1.3 billion profit! Could you have been any more wrong?

    Deutsche Bank Q4 2018 Results 1 Feb 2019
    [1 Feb 2019 Deutsche Bank CEO ] In 2018, we grew our profit before taxes by 8% to €1.3 billion, and we earned a net profit for the first time since 2014.
    Every generation blames the one before...
    Mike + The Mechanics - The Living Years
  • smipsy
    smipsy Posts: 219 Forumite
    Seventh Anniversary 100 Posts Combo Breaker
    don't worry, someone will come and label it as fake news, project fear, aliens, or whatever the most popular go-to excuse for talking crap is these days :D
  • AG47
    AG47 Posts: 1,618 Forumite
    Buying a silver chain for £20 in the Argos sale doesn't qualify as "buying s...

    I only buy 999 fine, most jewlery is 925, which is 7.5% copper mixed in
    Nothing has been fixed since 2008, it was just pushed into the future
  • antrobus
    antrobus Posts: 17,386 Forumite
    Whoops, no mass losses, actually €1.3 billion profit! Could you have been any more wrong?

    Deutsche Bank Q4 2018 Results 1 Feb 2019

    Quite. Brief summary;

    Deutsche Bank reports first full-year net profit since 2014 and delivers on 2018 targets

    No sign of any derivative losses, toxic or otherwise.

    How can one poster be so consistently wrong about everything?:)
  • antrobus
    antrobus Posts: 17,386 Forumite
    AG47 wrote: »
    ...
    .... then Feb 2nd DB can not hide their true situation any longer.

    Well, you got that wrong, didn't you?:)

    AG47 wrote: »
    ...
    Will there be a bailout or a bail in?

    Neither it seems.
    AG47 wrote: »
    ...
    The real question is what is the consequences of their not being a bail out and all banks around the world in contagion :T

    No, the real question is why you persist in posting complete and utter b0ll0x.:)
This discussion has been closed.
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