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jarttoday at 8:44 AM1 replyview on HN

DB's fall has been glorious. I shorted them back in January when I learned they were delivering 1.3% of their market cap in gold to the COMEX. No bank gives up that much of a hard asset unless something is wrong. Things are also looking bleak for Scotia Capital, BofA, Barclays, and UBS. JPMorgan seems to be doing fine. However Citigroup appears to be making out like a bandit. https://www.cmegroup.com/delivery_reports/MetalsIssuesAndSto...


Replies

retubetoday at 9:40 AM

What do their gold deliveries have anything to do with their financial situation? That'll just be settling GC contracts, and there will be clients on the other side.