On September 28, 2015, we wrote, “Will Deutsche Bank Be This Cycle’s Lehman Bros?”
At the time, Deutsche Bank was trading at $26.
Five months later and Deutsche Bank has since announced a $6.6 billion loss for 2015 and has fallen to $15. It is now down 36% on the year.
Looking at the longer term chart, Deutsche Bank fell from $120 to below $20 during the last financial crisis in 2008. It never recovered, hitting a peak of just above $70 in 2009 and has been on a downward slope ever since… a slope that has escalated into a stunning collapse in the last few weeks.
A Deutsche Bank collapse would set off a worldwide banking contagion that would make Lehman Bros. look tame.
And gold is reacting as you would expect it might during times of crisis. It has now risen for seven-days-straight, averaging a gain of about $10/day and currently sits just below $1,200.
The gold mining stocks have performed even better. We recommended to TDV Premium subscribers to buy/hold NUGT on January 19th when it was near $18. It is now at $46, up 150% in three weeks.
Our gains there were added to last week when TDV’s Senior Analyst issued a trade alert to purchase call options on the Euro and Japanese Yen. One of those trades is already up 120% in a week!
And that’s in addition to the gain on our overall gold stock portfolio of 25% in the last month, averaging between 8% and 105% in the last three months.
While most people are panicking we are partying!
And we’ll be doing it on the beach in Acapulco on February 18th for our TDV Internationalization and Investment Summit. The summit is on the verge of selling out so if you’d like to hear from the top experts in the world on how to survive and profit from the ongoing collapse in 2016, register immediately.
It is going to be a year full of volatility and risk. But managed properly, it can be a year of fabulous profits at a time when most people are taking tremendous losses or getting out altogether.
We’ve been at the forefront of warning of this crisis just before it began last summer and our subscriber profits keep heading higher.
It’s just the beginning, however. If things go as we expect, our gains over the coming year will be tremendous. Are you a subscriber? What are you waiting for?
If you’ve been putting off your subscription, you are missing out on serious profits. Every day you wait costs you money.
There’s a reason we’ve gained literally thousands of subscribers in the past months.
Join the hottest financial newsletter in the world – as a TDV subscriber (click here for more) – and then book your flight to Mexico. We’ll look forward to seeing you and hundreds of our other friends in less than two weeks on the white sands of Acapulco’s beautiful beaches..