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Keith Weiner – Inflation is Counterfeiting

Keith Weiner is a leading authority in the areas of gold, money, and credit and has made important contributions to the development of trading techniques founded upon the analysis of bid-ask spreads. He is the founder of DiamondWare, a software company sold to Nortel in 2008, and he currently serves as President of the Gold Standard Institute USA. He earned his PhD from the (non-accredited) New Austrian School of Economics. This speech was given at the Capitalism & Morality seminar in...

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Keith Weiner – Inflation is Counterfeiting

Keith Weiner is a leading authority in the areas of gold, money, and credit and has made important contributions to the development of trading techniques founded upon the analysis of bid-ask spreads. He is the founder of DiamondWare, a software company sold to Nortel in 2008, and he currently serves as President of the Gold Standard Institute USA. He earned his PhD from the (non-accredited) New Austrian School of Economics. This speech was given at the Capitalism & Morality seminar in...

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China hard data for October reveals mixed picture

Disappointing consumption numbers point to growth deceleration in early 2019, but government measures beginning to be felt. Hard data out of China for October was mixed. On the positive side, growth in infrastructure picked up, suggesting the government’s fiscal policy easing is taking effect in the real economy. Industrial production numbers stopped declining, and the mining sector has a particularly strong...

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Minimum return on Swiss pensions unchanged

© Andrey Popov | Dreamstime.com A government commission looking at the rate, called for a reduction to 0.75%, while unions demanded a rise to 1.25%. In the end the Federal Council decided to take the middle road and leave the rate at 1% for 2019. The rate is the minimum pension funds must apply to employment related 2nd pillar pension assets in 2019. Some pension funds are concerned about the long term effect imposed...

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After May’s divorce deal: the road ahead for Brexit

But significant political challenges lie ahead before the 29 March deadline for Brexit. Sterling likely to be in the spotlight for several months. Theresa May’s cabinet has approved her divorce deal with the European Union (EU). A few cabinet secretaries have resigned, including Brexit Secretary Dominic Raab because the deal keeps the UK in a transitory ‘customs union’ with the EU, which in his view continues to give...

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Home-care services increase, nursing home stays stagnate

A Spitex employee checks on an old lady at her home in Biel, northwestern Switzerland Better at home than in a home: almost 350,000 people made use of assistance and home-care services (Spitex) last year, 10,000 more than in 2016. In contrast, the number of residents of old-age and nursing homes remained constant at 149,000, 15% of them for a short stay. Spitexexternal link, a Swiss non-profit organisation that provides...

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Does Any of This Make Sense?

Does any of this make sense? No. But it’s so darn profitable to the oligarchy, it’s difficult to escape debt-serfdom and tax-donkey servitude. We rarely ask “does this make any sense?” of things that are widely accepted as beneficial – or if not beneficial, “the way it is,” i.e. it can’t be changed by non-elite (i.e. the bottom 99.5%) efforts. Of the vast array of things that don’t make sense, let’s start with borrowing...

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MACRO ANALYTICS – 11-15-18 – Election Takeaways w/ Charles Hugh Smith

VIDEO NOTIFICATION SIGN-UP: http://bit.ly/2y63PvX-Sign-Up MATASII ABSTRACTION LINK: http://bit.ly/2Bbw128 Charles Hugh Smith Expands on Video in: "The Political Rebellion Gathers Momentum" -- https://www.oftwominds.com/blognov18/political-rebellion11-18.html Thank you to all Macro Analytics/Gordon T Long YouTube followers. I will continue to add the following message to each video, which many have already seen to help all of those that haven’t learned of the new update. Thank you again...

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FX Daily, November 16: Turning Brexit into a Dog’s Breakfast

Swiss Franc The Euro has risen by 0.17% at 1.1422 EUR/CHF and USD/CHF, November 16(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: It is the height of irony or tragedy that what was offered as a non-binding referendum on UK’s membership in the European Union to bring the country, or at least the Tory Party, together is the most destabilizing event since the UK...

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Swiss wage index 2018: Real and minimum wages increased by 0.9 percent and 0.5 percent respectively in 2018

16.11.2018 – The social partners signatory to Switzerland’s main collective labour agreements (CLA) agreed a nominal rise in real wages of 0.9% and a nominal rise in minimum wages of 0.5% for 2018. Real wages increased by 0.3% at collective level and by 0.6% at individual level. These are the some of the results of the wage agreements survey carried out by the Federal Statistical Office (FSO). Wage adjustments in...

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