Sprechen Sie Deutsche Bank? A Crash Course On What Could Blow Up The Global Financial System
SilverDoctors.com
May 8, 2018
DB is back in the news, and it’s not playing a game of global hot potato but a game of global nuclear ticking time bomb. Here’s why…
First, the super simple question: Who is Deutsche Bank?
Deutsche Bank, Ticker Symbol DB on the New York Stock Exchange (also traded in Germany on the Frankfurt Stock Exchange), is (straight from the horse’s mouth):
Germany’s leading bank, with a strong position in Europe and a significant presence in the Americas and Asia Pacific.
Sounds big and by definition, seemingly innocent, but when we look under the surface, what we see is a corrupt, immoral nuclear ticking time-bomb of a financial institution that will likely blow up the entire global financial system when it goes off.
As in the economic collapse.
The black swan that has been circling above for years and is now coming back into view.
DB has been out of the news for a while, but it’s back, and in a big way, so a crash course may be helpful to those who know nothing about DB, and for those who know something about DB, a conveniently packaged review and refresher is always helpful in understanding the true state of the global financial system.
(Spoiler Alert: It’s a mess)
Besides, any Goldbug, Silverbug, or basically anybody who has worked hard enough that they have some funds to save and invest with, needs to know about DB, because they are one of the core institutions at the center of not just precious metals price suppression but the global financial system itself.
They have a huge amount of derivatives on their books. Said differently, DB has made a bunch of bets on bets on bets on bets on bets on bets.
Yeah, I get it with the overkill on the repetition, but it is that important because daisy chains are serious.
Deutsche Bank has an OTC Swaps and a derivatives book that could set off a counter-party chain reaction, a thermo-nuclear meltdown of the financial type that affects every corner of the entire globe.
We’ll get to that, but first, let’s look at DB’s chart.
DB survived the 2008 Global Financial Crisis, barely, and no doubt it seems as if somebody stepped in and came to DB’s rescue in September of 2016:
The Rest…HERE
