Co-CEOs of Deutsche Bank, to announce resignations.

[mgray]

Anshu Jain and Jürgen Fitschen, co-CEOs of Deutsche Bank, to announce resignations as early as today.

I believe the reason for this abrupt resignation – two weeks after DB's annual shareholder meeting – will a multitude of investigations not publicly announced yet.

I hear through US federal government sources that there are at least two more probes -- like Libor -- that will come out in the next few weeks.

One probe deals with rigging treasury sales, which DB is the largest foreign primary broker.

Also perhaps someone looked at the DB books and spotted a larger than announced exposure to Greek debt, but that is speculation on my part.

The second investigation will be collusion in metals pricing, which will hit DB and JPMorgan the hardest.

It should be interesting times in the near future.

[Carmody]

Watch the charts, could be interesting.

http://www.kitco.com/market/

r50oC-pTL0I

[Ruby]

Do you think the prices of gold and silver will rise then? I don't see how they can get much lower.

[Ruby]

JP Morgan Chase, the largest U.S. bank, one the largest providers of financial services in the world and one of the most powerful banks in the world has accumulated one of the largest stockpiles of silver the world has ever seen. This is physical silver he is purchasing.

[mgray]

While the banks may be charged with price manipulation, I don't see an immediate jump in prices. As the suppression of the metals price ends the trend should be higher.

JPMorgan's silver position became huge when they took over Bear Stearns silver positions.

The name Blythe Masters will figure prominently in any probe of metal price fixing. She left the bank last year after JPM sold its commodity arm.

[ghostrider]

I've heard on the 16th of this month , they will shut down banks for 9 days , no cash withdraws ... could it be that Jade Helm is in preparation for citizens getting angry over banks shutting down access to funds ??? CEO's resigning knowing there is nothing they can do and don't want to be in the crossfire ??? nothing gets a person upset like having money but not being able to access it ... all it takes is a bug in the system and the money could be locked out for more than 9 days ...nothing ever goes like the government says it will go ...

[ThePythonicCow]

JP Morgan Chase, the largest U.S. bank, one the largest providers of financial services in the world and one of the most powerful banks in the world has accumulated one of the largest stockpiles of silver the world has ever seen. This is physical silver he is purchasing.

Lots of silver going into JPMorgan ... where it goes after that, and under whose control, that is not known to me.

[Bluegreen]

C$cksuckers. Sons of bitches. Parasites of society. The lot of them will be tried and jailed for their crimes and probably better for them if it happens in this life.