Wait, did they actually sell credit default swaps on Italy and Greece?

deutsche is way more corrupt than any american bank

this shit will go down hard on 27th or few days before it when insiders panic and tell their relatives, they cant kick the can further any more

sell everything now or enjoy posting sadfrogs after its all gone down the drain and im buying quality stocks for 2009 low prices

Would the panic make gold go up? (in addition to brexit unstability)

>>1371141
Yes it would make gold soar. Gold outperforms pretty much anything this year, and with so many factors driving up its price(lack of monetary normalization, negative rates giving gold a nice relative return, brexit, general volatility, banking crisis in Europe) it should continue its track towards 1400 easily.

>>1371131
why the 27th in particular, is some event scheduled for that day?

>>1371085
when i was in school our politics teacher said that Deutsche Bank is part of every rascality

File: DB%20GDP[1].jpg (167KB, 1738x1724px) Image search: [Google]

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So, what's the deal with derivatives, can someone explains it to me?

I heard pic realated is not net positions, so it doesn't mean anything, and it gets compensated anyway.

Is it bankers bullshit talks, or is shit really going to hit the fan?

>>1371162
>asking for reason and logic in a HAPPENING thread

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>>1371441
Most of that is interest rate swaps. I'm no expert on this, but this is what I thought was going on:

In an interest rate swap, we decide on a notional value for the contract. Let's say it's 1 million dollars in this case. Now, in our swap, I pay you 2% of this, and you pay me a floating interest rate. This way when interest rates go up, I profit, when interest rates go down, you profit.

Now here's the deal: this way we both have a derivatives exposure of 1 million dollars, but in reality only a couple of thousand dollars gets exchanged between us.

I made this thread to ask /biz/ whether DB has also sold credit default swaps on Italy and Greece debt, but got no serious response yet. If you want to learn about credit default swaps I recommend you read "The Big Short", or watch this video: https://www.youtube.com/watch?v=mZC6WCE5Bj4

>>1371450
lol ok time to go all in i guess. i'll be selling all my positions to put everything into shorting DB for the week of the 27th. thanks for helping me get rich >>1371131
i fucking love this site!

File: DJFOR-W-06-24-2016.jpg (93KB, 640x480px) Image search: [Google]

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well friends, martin armstrong's computer says that dow jones volatility is going up the weeks of 7/18 and 7/25 so the DB failure must be why. pic related. HAPPENING double confirmed.

the only question is what will be the best way profit off this disaster in the short term?

>>1371581
Wow I don't understand anything on that pic, what kind of "graph" is that?

>>1371590
the numbers on the bottom are dates (all 2016).
month/day

>>1371581
Looks like a shitty indie game

>>1371590
its actually 10 graphs stacked on top of each other if that helps. they all share the same x axis, which is the dated. y axes as stated.

I'm currently interning at a top tier Investment Bank. The office went totally crazy during Brexit and now if this happens... lol what a time to be interning.

But honestly haven't heard any rumour nor read any equity research report that suggests what you guys are saying. We'll see.

>>1371615
have you heard anybody say anything about barclay's?

>>1371620

Nope, but then again. I'm just interning. Believe it or not, due to the high regulation we have very strict controls when it comes to talking to equity researchers / reading those report. It's really insane. Also depends on your group you're at I guess. I deal with a lot of inside information, but not from financial institutions. Can't say more. Don't want to go to jail lol

>>1371656
c'mon man be cool. just casually ask your boss about it over lunch. it's a news story i'm not looking for insider information, just opinion.

>>1371615
Nothing at all? Greece has a payment to the EU due on the 20th it probably is incapable of making, and right after the UK voting to leave a lot of theories are going around about them just defaulting

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Banca Monte dei Paschi di Siena will crash at the end of the month.

The euro will drop in value.

The Deutsche Bank stock will fall significantly as a result.

The pound will become stronger.

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What would happen if douche bank collapsed? What effects would it have on the American markets? Any?

>>1371602
kek given most advice ive got from so called 'financial advisors' it wouldnt surprise me if they really are running the numbers on an atari

>>1371927

Dollar would go bonkers, might trigger a recession. The US isn't nearly as bad as Europe/Japan, though

>>1372024
I kind of feel like it's time for me to cash out of my mutual funds and shit, like, I get this feeling with shit like 30 year bonds paying 1% or whatever, negative bonds outside the US, DB getting ready for crashy chan, canadian housing bubble, etc etc etc that we're heading for a down trend and it's almost time to ride the wave down and buy the turbo dip in a couple of years.

Dunno though, I've been wrong before.

>>1371927
wouldn't be a wide bank panic

probably would lead to more people putting money into american banks and out of european banks

remember that Deutsche Bank failed the stress test

wouldn't be 100% surprised if it goes belly up

would still be 80% surprised though

Deutsche Bank is safe. Germany would never let anything happen to it.

Your happening fantasies need to be kept on /pol/, NEETs. We're grown men here.

>>1372465
Soros and his elite analysts disagree. Many also believed Lehman would never be allowed to perish.

>>1372468
>Soros and his elite analysts disagree.
Gonna require a source.

>>1372465
No, it won't. But the markets will still do a -20%, a it'll take a whole 6 months to 1 year to recover. If EU doesn't break up before that, of course.

OP here, I didn't make a "happening" thread. I actually asked a non-rhetoric question and I want an actual answer on that. So, did DB sell CDSs on Greece or not?

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>>1372465
see
>>1371441


If DB tanks they are literally

>TOO BIG TO BAIL

>>1372659
see
>>1371461

you don't know enough about derivatives to have an opinion

>>1371085

Pro-tip: The Deutche Bank impending collapse has become a meme.

Don't trade memes.

>>1372721
Pro-tip: It's definitely happening. It's a maymay for a reason.

>>1372643
So I still haven't gotten an answer. I can't find anything about DB selling CDSs on the internet, but I remember reading about it on /biz/ some weeks ago. What's the deal with that?

>>1373120

Well almost all the companies had CDS before the financial crisis in order to hedge risk. Now banks they've developed the CoCos in order to hedge risk and to better in stress test due to the inpact in their CET1 and T1 equity.

Also the CDS seller will only have to make the payment if the debt issuer defaults which is highly improbable in the cases of Italy, Spain and Portugal. And Greece is currently under the bus but still with perspective of living (a miserable but still living) a life. 2014 is over, EU countries are more or less doing okay now. Let this only be a stupid meme in hapening threads.

>>1371085
French banks too... Complete radio silence deom there, but they are busy on rioting

>>1371581
Nah first day of panic is bad for human traders. Let the robots do the job. You should change your currency to USD and wait patiently for good buying spots.

>>1373377
fucking lol. my currency is already in USD mainly, gay. i'll be sure to stay tuned in to fucking 4chan for fucking trading tips. lol!

>>1372465
german who imbibed propaganda detected

>>1372476
http://www.investopedia.com/articles/markets/062816/soros-bet-against-deutsche-bank-after-brexit-vote-db.asp