German giant crime syndicate Deutsche Bank is nearing collapse according to Hat Trick Letter editor Jim Willie in an interview with Silver Doctors on August 1, 2013.
Deutsche Bank is in company with Barclay’s and Citibank as critical care patients who are lined up nightly at the discount window in a desperate fight to stay alive. Although the European Central Bank is probably the lead surgeon, we surmise with strong evidence that the Federal Reserve is also heavily involved in the triage among the three major banks.
Willie explained that Deutsche Bank’s troubles began with its criminal derivatives practice where it turned a sow’s ear of sovereign debt into a feces laced complex web of derivatives based on Greek and Italian debt. The German bank is at risk for nearly 450 billion dollars of losses and claims because of the difficulties with these and other nation’s so-called sovereign debt.
In addition, Deutsche Bank is part of the international criminal syndicate suppressing the price of gold in order to maintain the hegemony of the dollar. Last summer, Deutsche Bank CEO Ackerman was forced out of office when a posse of Interpol officers entered his office unannounced demanding various documents related to the debt fraud.
The CEO called a high level judge and politician pleading for relief, but they both told him that it was over their heads. What they meant was that some wealthy Chinese families had hired Interpol to exact a measure of justice in the various frauds the bank had perpetrated on them, not the least of which was the theft of massive quantities of gold.
We suspect that this action is closely related to the recent demand for gold repatriation by the Germans who asked for a mere 300 tons of their 3300 or so tons of claimed reserves. As we pointed out elsewhere, German gold is long gone and will never be seen again. Deutsche Bank was a major player in the Clinton-Rubin gold scheme of the 1990s which emptied Fort Knox.
Yet the Federal Reserve through JPMorgan is unable to deliver the gold for the very obvious reason that they leased it out years ago – a fact of which Deutsche Bank was painfully aware. The aftermath of Ackerman’s departure has seen many mid level Deutsche Bank executives turn state’s evidence as they provide a picture of the many criminal operations of the bank. But DB is not the ultimate source of the crime.
The criminal ring goes through the ECB back to London and finally to Wall Street where Nazi banksters have enveloped the world in a skein of deceit – LIBOR rigging, Mortgage fraud, stock exchange front running, and precious metals price manipulation.
The collapse of Deutsche Bank will have a ripple effect which will make that of Lehman Brothers pale in comparison. Several other banks will fail in quick succession, with the new bail in model perfected in Cyprus as the purported solution. The United States will not escape the bail-ins.
For those of our dear readers who do not understand what a bail-in is, it is a confiscation of depositor money to make good shareholders, creditors, and senior executives when a bank is declared insolvent. It happened to the largest two banks in Cyprus earlier this year.
We have warned with all seriousness to own gold and silver and preferably outside the United States out of reach of the Nazi authorities who have full unfettered access to it in this country thanks to the full monitoring of these transactions by the NSA.
Copyright 2013 Tony Bonn. All rights reserved.