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What will the upcoming Deutsche Bank failure mean for gold?

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  • MsMorrisineMsMorrisine Posts: 32,197 ✭✭✭✭✭

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • MsMorrisineMsMorrisine Posts: 32,197 ✭✭✭✭✭

    no one is watching DB but me?

    Current maintainer of Stone's Master List of Favorite Websites // My BST transactions
  • derrybderryb Posts: 36,189 ✭✭✭✭✭

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

    Keep an open mind, or get financially repressed -Zoltan Pozsar

  • blitzdudeblitzdude Posts: 5,438 ✭✭✭✭✭

    @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: 36,189 ✭✭✭✭✭

    born rich.

    Keep an open mind, or get financially repressed -Zoltan Pozsar

  • jmski52jmski52 Posts: 22,370 ✭✭✭✭✭

    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: 36,189 ✭✭✭✭✭

    @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.

    Keep an open mind, or get financially repressed -Zoltan Pozsar

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