Deutsche Bank Titanic Iceberg Moment Is Here? Sprott Inc going after COMEX/LBMA? (Video)

Jason Burack of Wall St for Main St did a short video about Deutsche Bank’s increasing problems as counter parties and hedge funds pull their capital from the large bank while the stock price continues to fall. Jason also talks about how Jim Cramer spread a rumor of Deutsche Bank getting a drastically reduced fine from the DOJ.

The problem with the banks is that a lot of their assets are someone elses liabilities and there isn’t enough unallocated capital to cover them. So worldwide liabilities exceed worldwide assets.

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Wall St for Main St

Wall St for Main St is a start up investor education, financial education, research and consulting company. We provide alternative financial information, research, education and consulting to Main Street investors using uncommon wisdom like the Austrian School of Economics. Our goal is teaching people how to fish for themselves instead of trusting their financial adviser for everything. We interview top investors, traders, money managers, financial commentators, economic experts, authors, CEOs and newsletter writers from around the world to discuss the latest events in the global economy and financial markets. Wall St for Main St offers high quality investor education, research and consulting for beginners, high net worth clients and everyone in between who wants to learn to adapt to the current macroeconomic situation, profit off of it or hedge themselves. Wall St for Main St has taught dozens of consulting clients how to invest, trade and hedge in different assets classes.