Worst ever auction leaves German bonds unsold

[DimPrawn]

We will reach a point soon (?) where the best European banks shares will hit rock bottom and there will be bailouts (and probably money printing) and said shares will boom up for a period of months.

Question is, are we there yet and what to buy?

Santander?
Deutsche Bank?


For example Deutsche Bank went sub 20 end of 2008 and then recovered to near 60 in 2010. Currently priced at 24.


Basically need to stick to the "too big to be allowed to fail" camp and then try and guess the bottom, and fill yer boots.

Any views?

[BrilloPad]

I think you may be right, if the ECB doesn't start "printing money" aka buying bonds on a large scale.

A better solution is to admit the Euro was wrong and for Germany to leave. Not that I can see them doing that.

The printing money will only help them so much - it will just encourage the PIIGS to keep spending. So more printing will be needed. Until hyperinflation.

[MarillionFan]

We will reach a point soon (?) where the best European banks shares will hit rock bottom and there will be bailouts (and probably money printing) and said shares will boom up for a period of months.

?

I'm not sure. This last slide is like a death from a thousand cuts. No end to it.

[Doggy Styles]

Never mind. Scooter had a German beer today and laughed at George Osborne. So the eurozone must be OK.

[DimPrawn]

I'm not sure. This last slide is like a death from a thousand cuts. No end to it.

But the banks are too big to fail right and at some point will get govt bailouts, and their share prices will rocket from the bottom. The alternative is all the banks just fail and no one has any money or pensions any more.

[russell]

But the banks are too big to fail right and at some point will get govt bailouts, and their share prices will rocket from the bottom. The alternative is all the banks just fail and no one has any money or pensions any more.

Yeah go for it Dim, I'm waiting to sell my Lehman Brother shares, got them at a great price.

[DimPrawn]

Yeah go for it Dim, I'm waiting to sell my Lehman Brother shares, got them at a great price.

He who dares Rodders!

[MarillionFan]

But the banks are too big to fail right and at some point will get govt bailouts, and their share prices will rocket from the bottom. The alternative is all the banks just fail and no one has any money or pensions any more.

Jump in Dim. I've slid 6k this week. Not sure where good news is going to come from.

[DimPrawn]

Jump in Dim. I've slid 6k this week. Not sure where good news is going to come from.

I'll look in the DailyMail and see if there's any.

[sasguru]

We will reach a point soon (?) where the best European banks shares will hit rock bottom and there will be bailouts (and probably money printing) and said shares will boom up for a period of months.

Question is, are we there yet and what to buy?

Santander?
Deutsche Bank?


For example Deutsche Bank went sub 20 end of 2008 and then recovered to near 60 in 2010. Currently priced at 24.


Basically need to stick to the "too big to be allowed to fail" camp and then try and guess the bottom, and fill yer boots.

Any views?

Not a bad call. I made a fortune on Barclays last time round.
Limit yourself to big German banks with some, but not too much, exposure to the PIIGS I would guess.