Deutsche Bank toxic derivative losses

AG47

westernpromise wrote: »

Is this silver thin enough to wear as a tinfoil hat?
https://www.palmermetals.co.uk/shop/sheet/silver/sterling-silver-sheet/0-30mm-thick-sterling-silver-sheet.html
If so it would multi-task usefully no? Wear it on your head and use it to repel the werewolves?

Why not wear your tin foil hat to protect against the shape shifting reptiles?

I’m sure you still believe we are on a flat earth, and aliens are running the flat earth and Deutsche Bank is going to be fine, they are not in trouble :rotfl::rotfl::T:T

GreatApe

AG47 wrote: »

I'd rather do 100 burpees for free every morning as soon as I wake up than waste currency on a gym membership, I'm in amazing shape and vibrant health.

I have amazing family and friends, agreed these are more important than protecting yourself against the next financial crisis.

I would save that currency on gym membership and stack a few more ounces of silver every week.

My goal is a metric ton of silver before the financial system collapses. But it could collapse before I get there.

I dont believe you
But even if it were true, tell me this....

The 10,000 hours you have spent on this nonsense is really worth it you think?
There is no alternative thing you could have done to improve your lot in life than to read about BS and propagate BS on some forums?

Now a man needs a hobby and god knows Ive spent some significant time on nonsense when I was younger. So if this brings you great joy then continue, whatever floats your boat.

But really a man who is inclined to obsess should find a more useful more creative thing to obsess over something that will improve the core of your future. Your earnings, your relationships, your family, your health...... or you can spend another 10,000 hours predicting doom and gloom

My goal is a metric ton of silver before the financial system collapses

watch to the end :rotfl:

https://www.youtube.com/watch?v=viDL2W0HcJw

AG47

GreatApe wrote: »

I dont believe you
But even if it were true, tell me this....

The 10,000 hours you have spent on this nonsense is really worth it you think?
There is no alternative thing you could have done to improve your lot in life than to read about BS and propagate BS on some forums?

Now a man needs a hobby and god knows Ive spent some significant time on nonsense when I was younger. So if this brings you great joy then continue, whatever floats your boat.

But really a man who is inclined to obsess should find a more useful more creative thing to obsess over something that will improve the core of your future. Your earnings, your relationships, your family, your health...... or you can spend another 10,000 hours predicting doom and gloom





watch to the end :rotfl:

https://www.youtube.com/watch?v=viDL2W0HcJw

Ha love the clip, yes I’m very much anti gold.

Why invest in gold when it’s so abundant in available supplies compared to silver.

Silver is more rare and more needed than gold.

Right now the gold to silver ratio is over 90.

I would prefer to buy 90 ounces of silver which is more rare than 1oz of gold for the same price

When the ratio swings back to the long term normal of nearer to 15:1 I may swap out some of my silver for gold, but why do that when silver is more rare and more useful.

Gold is money and a little industrial use

Silver is so money and far more industry use. So much so that by the time I retire most known silver reserves will be depleted at current rate of depletion and the world consuming silver

AG47

The FBI is reportedly investigating Deutsche Bank over money-laundering regulation compliance, including transactions connected to Jared Kushner

https://www.businessinsider.com/fbi-investigating-deutsche-bank-for-money-laundering-kushner-transactions-2019-6?r=US&IR=T


Deutsche Bank under investigation for compliance with money laundering laws: Report

https://www.foxbusiness.com/financials/deutsche-bank-under-investigation-for-potentially-violating-anti-money-laundering-laws-report


DB land just gets better and better

chucknorris

AG47 wrote: »

I'd rather do 100 burpees for free every morning as soon as I wake up than waste currency on a gym membership, I'm in amazing shape and vibrant health.

But that is not very diverse doing 100 burpees every morning, my weekly routine will typically include:

6 walks (fast walking) between 5 and 10km (with my dog), the 10km one I will do in running gear and do at least 10 x 100m sprints. I did that one yesterday.

One park run which is a 5km cross country run (my PB is 23.13, not super fast I know, but I am 61, and also I would be quicker on an athletics track, which is flat and has a better running surface)

One longer run between 8 and 13 km.

2 or 3 sessions of weight training, including sit ups.

Now that the weather is better, I am trying to start cycling again, but I am struggling to fit it in. I also play bowls a few times a week, which I do not class as exercise, merely an activity (which includes cycling there and back).

I also used to do gym classes, but stopped when we moved house last Summer, I am think of joining a local gym again and doing a few gym classes a week, body pump classes are my favourite.

How do you measure your amazing shape? I do (and did) by racing in the park runs and seeing how I perform against others. Also by lifting the heavier weights than others in the body pump classes. You can only really claim to be in amazing shape, if you compete and do well against others.

MobileSaver

AG47 wrote: »

I predicted correctly the fall of DB.

Um, no you did not.

AG47 wrote: »

16-10-2016
I guarantee DB will not last another 12 months no matter 24-30.

In 2016 you predicted DB would go bust within 12 months; you were completely and utterly wrong.

AG47 wrote: »

FIFTY TRILLION is too big a number for a bail in. Even all depositors bank accounts in al of Europe including the UK still doesn’t amount to FIFTY TRILLION.

Despite having it explained to you repeatedly your biggest problem is that you fundamentally fail to understand how derivatives work.

Fifty trillion is the notional value but the actual risk is probably more like 0.1% of that so only around $50 billion; still a large number but all relative to a bank with revenue of $27,000 billion and $1,500 billion in assets.

Until you accept this or explain why everyone else is wrong and the risk really is $50,000 billion and not $50 billion you will continue to be laughed at as the conspiracy theorist nut job...

westernpromise

I feel AG should focus on developing The Perfect Body.

He could perhaps start by blasting his lats.

The-Joker

AG47 don't fedd the trolls

No matter what they try to say DB is in very dire situation

They may try and say its only 0.1% of the 50 trillion that is the problem but any one of the headlines lately show up the trolls

AG47

The-Joker wrote: »

AG47 don't fedd the trolls

No matter what they try to say DB is in very dire situation

They may try and say its only 0.1% of the 50 trillion that is the problem but any one of the headlines lately show up the trolls

The trolls have changed their tune instead of trying to stick up for D bank they are now trying to downplay the fifty trillion number.

It's so funny how the trolls used to try to deny the 50 TRILLION NUMBER!!!!!!!

Now they can't deny it anymore they just try to say it's only 0.1% of the fifty trillion that will be a problem.......

I can say with no uncertain terms they will all be wrong again, it's going to be a lot more than 0.1%, I can guarantee that.

It's so funny how people who don't understand derivatives like to tell other people that they don't uncertain derivatives.

Fifty trillion in derivatives is a time bomb. These are weapons of mass financial destruction as warren buffet called them. This is a huge problem and you are very wrong if you think it's only 0.1%:rotfl::T:rotfl::T

MobileSaver

AG47 wrote: »

I can say with no uncertain terms they will all be wrong again, it's going to be a lot more than 0.1%, I can guarantee that.

Is this the same as the guarantee that DB would go bust in 2017?!?!? :rotfl: