Silver as an investment

Bundesbank Says ‘Nothing To See Here’ As Deutsche Bank Stock Slumps

While Deutsche Bank credit instruments hover near their worst ever, the stock price had been jawboned and squeezed higher enabling the issuance of more junk-priced debt… until today. The first close back below €12 in over a week has some worried, confirmed by Buba’s Dombret denial – “European bank sector concerns are overstated.”

  • *DOMBRET SAYS CONCERNS ABOUT EUROPE BANK SECTOR OVERSTATED
  • *DOMBRET SAYS SOLVENCY OF EUROPE BANK SECTOR NOT IN DOUBT

Record wide credit spreads, surging interbank rates, yuuge USD liquidity demand…

 

Yeah no ‘doubt’ at all.