You are right. I totally miscalculated and it would be much worse, if correct. I believe allocated and non-allocated must have been mixed up here. Anyway, we might find out soon, because DB is first on the list of European banks to fail. Many rumours going around for quite some time now. Though I guess the German Government will have to step in when that happens, otherwise the entire European private banking system will go under at once. So they might be able to keep those gold claims under the table.