21 Jun 2019

Deutsche Bank’s Death Spiral + The Gold/Silver Ratio

"If you're walking down the street and you feel something squishy under your foot that you stepped in and it stinks really bad, that's the people who run Deutsche Bank, those are the people who run the European central bank, that's Mario Draghi.
It goes beyond simply a racket and a crime wave. This is a psychotic cult that's bent on
not only an eco-holocaust,
but an economic genocide!"
Max and Stacy start with the Financial Times headlines announcing what Keiser Report had warned would happen: Deutsche Bank’s new ‘bad bank’ for all of their toxic derivatives. Once again, the profits are privatized while the risks are socialized onto the backs of the German taxpayers. They then look at the charts from WolfStreet.com showing Deutsche Bank’s death spiral as the share price has dropped by over 90% since the 2008 financial crisis.
In the second half, Max interviews banker and author Mitch Feierstein of PlanetPonzi.com about what happens when central bankers try to taper a ponzi: you get a bad bank for Deutsche Bank. Are we heading into another financial crisis? And, if so, what will central bankers do to make it worse this time?



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The Gold/Silver Ratio
Max and Stacy discuss what central bankers have wrought by printing fresh money for the assets rich as demonstrated by Donald Trump’s Beverly Hills property increasing in value by 1.2% per month and doubling in about a decade. While the elite make off with the asset price gains, governments are driven into bankruptcy by the same financial collapse which enriched these elites and they are now shaking down ordinary citizens who are looking for pennies stashed in safe deposit boxes, as is the case in Italy. In the second half, Max interviews David Morgan of TheMorganReport.com about the gold/silver ratio and whether it matters in a day and age when silver has been largely demonetized.



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