News: CBA UPDATE 1-Australia banks confess to misconduct as inquiry focuses on small business loans, page-7

CBA is at or extremely close to a long long term bottom.
Sure can go down a dollar or two lower depending upon the madness of the Shorting Funds.
But all this is setting up for a Giant Short Squeeze.
I am not a serious technical person......but a close observation reveals a Giant Falling Wedge Pattern on the charts.

This has been pushed down too far in the name of Royal Commission, which is totally a political play.
The large international hedge funds are milking it and the only losers are the real hard working Aussie Mum & Dad investors.

The Four major banks are here and will be here after our lifetime.

We will all look back in few years time and ponder the shares were below 70 dollars....WOW.

Anyway....it just looks a great opportunity  to me.( For a hard core Gold bug).
So much that I am willing to let some of my Miners go and add CBA and the other banks as well.

The yield on Bank share are now from 8-9.5 %
This cannot be ignored by the world wide investing community.
They will start nibbling.