Thu, 1 September 2016
It's days like today that I'm really proud of our show. I've been trying to keep you apprised of the recent struggles of Deutsche Bank. I've you've been listening for more than a couple days you know they are on the verge of collapse and are all but begging the German government for financial support.
Now we find out that they've been unable to satisfy a request for gold delivery by a client of Xetra-Gold for whom they are a sponsor.
I know you have a lot of questions about who Xetra-Gold is and why Deutsche is refusing to pay. I'm going to go over all of it today on the show. What I will tell you now is, if you think your gold is safe in the bank, you might want to reevaluate your savings arrangement. I've got a feeling you're going to see more cases of this in the future.