#Investors-Group - News
#DeutscheBank: Daily Chart
For the ones that have been following #DeutscheBank lately, this Blog will come as no great surprise.
For those unfamiliar with #DeutscheBank hopefully this Blog will help understand a little what is going on in the background.
Financial Derivatives
Basic crash course for those unfamiliar with Financial Derivatives.
A Financial Derivative is a leveraged bet of the future performance of a financial asset or instrument that allows the trading of risk to be effectively decoupled from it's underlying asset.
In simple terms a Financial Derivative is a "contracted" 50:50 bet of a future event.
Banks and Financial Institutions trade these Financial Derivatives between themselves, in essence scalping the difference for immediate profit and of course a fee along the way.
Those 50:50 bets that fail are simply rolled over and leveraged further, essentially pushing the inevitable failure further into the future.
What most people fail to understand is that there are currently over £1.5 quadrillion of these toxic Notional Derivatives flushing around the Finacial System and ultimately have a contracted end date.
So where does #DeutscheBank fit in?
#DeutscheBank are sat on over >$75 trillion of Notional Derivatives off their balance sheet and these Derivatives need to be settled at some time.
So why does this matter so much?
Currently the Global GDP, the total amount of goods and services traded globally in one year, is approximately $75 trillion and the total estimated value of all Global Assets is approximately $275 trillion.
In a nutshell, if you rolled up all the Central Banks in the World there would not be enough capital to bail out this Derivatives Book should #DeutscheBank fail.
This takes me nicely to the daily chart.
This is sick. The old school sick..!!
Having been brought up in the 1970's the term "sick" was always referred to as someone being unwell.
Nowadays however the term "sick" is cool.
I know this, because my nephews referred to their new trainers as being "sick" and after an hour of explaining I was brought up to date.
So the #DeutscheBank daily chart is sick, in fact it is very sick and I definitely mean he old school "sick"..!!
#DeutscheBank: Technical Analysis
Current Price = $13.75 #dMAmapping ⬂⬂⬂⬂⬂⬂ - Bearish
#DeutscheBank: Technical Analysis
Thanks again for reading.
Stephen