Deutsche Bank Stock Collapse? DB Unable to Deliver Gold

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Deutsche Bank Stock Collapse? DB Unable to Deliver Gold – May Bring Down Eurozone
October 4, 2016 by Nick Giammarino
It’s no surprise that ever since Brexit, more people have been watching what is happening over in Britain. Regarding Deutsche Bank, their stock is at 13.35 as of 10/4/2016. That’s a drop of over 50% in a year! There was a selloff after Brexit causing the Pound to drop, but now, it seems the same is happening with Deutsche Bank.  Horror stories have been coming from different blog sites about this. Many are urging people to get their money out. Here is a video explaining the gold delivery problem. There are a number of videos on this page, please watch a few of them, even if you don’t watch the whole video, I feel it’s good to get the information from different sources.

https://youtu.be/-YTH-akdsvI

Here is the article that will help you go over the information – http://www.zerohedge.com/news/2016-09-02/deutsche-bank-explains-why-it-failed-deliver-gold-demand-solution-will-be-found
This one just came out today (10/4/2016) http://www.cnbc.com/2016/10/04/deutsche-bank-shares-rise-2-despite-no-settlement-deal-with-the-doj.html (Opens in New Window)
Listen to this:

The unprecedented escalation involving Deutsche Bank’s failure to deliver physical gold on demand continues.
As we first reported two days ago, a client of Xetra-Gold, a German Exchange-Traded Commodity fund, tried to get access to the gold he had been promised under the Xetra-Gold prospectus, leading to much confusion about just where the failure to deliver had taken place, at Xetra or at the fund’s designated sponsor, and the client’s principal bank: Deutsche Bank.
Then, overnight, we presented the just as odd response provided by Deutsche Boerse where the ETC is traded, which sounded as if it was trying to pass the buck onto Deutsche Bank. This is what it said:

Deutsche Börse Commodities GmbH stresses that owners of Xetra Gold units can exercise their right to delivery of securitised gold at any time. The gold is delivered by the bank branch on which the investor has its securities account – on the condition that the branch offers this service, as the gold can only be delivered through the investor’s custodian bank.

As we said at the time, the response led to even more questions, and even more public outcry in Germany, which may explain why moments ago none other than the custodian bank, Deutsche Bank, joined the fray, by doing something it has never done before: provide a rationalization for why it failed to deliver gold on demand. Or at least try.

 
Last Updated On: October 4, 2016
By: Nick Giammarino Subscribe to the Global Currency Reset Newsletter – CLICK HERE TO SUBSCRIBE TO THE FREE NEWSLETTER
Hi friends, Nick Giammarino here, I wanted you to see this screenshot I made of the Deutsche Bank stock price:

See that?  It’s down over 56% in just a year’s time!  What does that mean for the Euro and the Eurozone?  Well, let’s look at a chart I just took of the USD Versus the Euro:

Here are some of the headlines:

Deutsche Bank: EU Banks Need $166 Billion Bailout

According to chief economist of Deutsche Bank, European banks urgently need a $166 billion bailout.



https://youtu.be/5lX_nHA-R2A

David Folkerts-Landau, Deutsche-Bank AG’s chief economist, says EU banks desperately need significant recapitalization efforts, Italian banks in particular.
“Europe is extremely sick and must start dealing with its problems extremely quickly, or else there may be an accident. I’m no doomsday prophet, I am a realist.”


https://youtu.be/gk2l7T8qQog

READ MORE HERE: http://globalcurrencyreset.net/deutsche-bank-stock-collapse-db-unable-to-deliver-gold-may-bring-down-eurozone/

Thanks to Nick at: http://globalcurrencyreset.net