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What will the upcoming Deutsche Bank failure mean for gold?

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  • MsMorrisineMsMorrisine Posts: 33,091 ✭✭✭✭✭

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 33,091 ✭✭✭✭✭

    no one is watching DB but me?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • derrybderryb Posts: 36,828 ✭✭✭✭✭

    It's pretty much hit it's price bottom. Awaiting termination.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • blitzdudeblitzdude Posts: 5,901 ✭✭✭✭✭

    @derryb said:
    It's pretty much hit it's price bottom. Awaiting termination.

    Hi Derryb, are you rich yet? If so congrats!!

    The whole worlds off its rocker, buy Gold™.

  • derrybderryb Posts: 36,828 ✭✭✭✭✭

    born rich.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • jmski52jmski52 Posts: 22,863 ✭✭✭✭✭

    Gregory Mannarino says that the Fed is pumping huge amounts of dollars to other central banks around the world. If that's the case, Deutsche Bank would probably be a prime target, but somehow this Fed move involves almost all of the world's central banks.

    There are huge implications in a flood of debt being distributed worldwide by the Fed - by a group of private bankers, operating under the auspices of the US government and backed by the future earnings of US taxpayers in perpetuity.

    I don't recall voting for any of this.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • derrybderryb Posts: 36,828 ✭✭✭✭✭

    @jmski52 said:
    Gregory Mannarino says that the Fed is pumping huge amounts of dollars to other central banks around the world. If that's the case, Deutsche Bank would probably be a prime target, but somehow this Fed move involves almost all of the world's central banks.

    There are huge implications in a flood of debt being distributed worldwide by the Fed - by a group of private bankers, operating under the auspices of the US government and backed by the future earnings of US taxpayers in perpetuity.

    I don't recall voting for any of this.

    that's because they weren't all elected.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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