SNB & CHF

Swiss Franc The Euro has risen by 0.12% to 1.1351. EUR/CHF and USD/CHF, August 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The failure of Turkey to grab the bull by the horns, so to speak, and come to grips with the situation saw the dollar soar above TRY7.23(from TRY6.43 at the end of last week) and to ZAR15.55 (from ZAR14.09). The Mexican peso, the strongest...

The US dollar surged last week, with the Dollar Index rising 1.25%, the most since April. The dollar is being boosted by two drivers. The first is the policy mix and interest rate divergence. The other is the intensification of pressure on emerging market. Turkey has a disastrous combination of more fundamentals, large short-term foreign currency debt obligations, unorthodox policies, and the lack of credibility. On top...

Istituto Svizzero, the Swiss cultural centre in Rome, gets some welcome shade thanks to a computer-designed, robot-built pergola. The four-metre tall construction was inaugurated in June and was the handiwork of 17 architecture students at the Swiss Federal Institute of Technology in Zurich (ETHZ). The pergola was put together without using nails, glue or screws. The structure is made completely of timber and is held...

Stock Markets EM FX came under greater pressure last week as the situation in Turkey deteriorated.  With no weekend developments as of this writing, we expect Turkish assets to remain under pressure this week. Five worst EM currencies YTD are TRY (-41%), ARS (-36%), RUB (-15%), BRL (-14.5%), and ZAR (-12%). All five have serious baggage that warrants continued underperformance.Yet it’s worth noting that the five best...

NEWS: CHARLES HUGH SMITH - Economic Slowdown 2018 ►►► THANKS FOR WATCHING ◄◄◄ AND DON'T FORGET TO LIKE COMMENTS AND SUBSCRIBE! Thank you! ==================================================== ► Gerald Celente: http://bit.ly/2w1taF5 ► Finance Today: http://bit.ly/2w0vBHP ► RonPaulLibertyReport: http://bit.ly/2w0h5zS

Keith had two more in-depth, ideaful interviews. Keith was interviewed on the Jason Stapleton Program. Keith had a lively discussion with Peter Bell and Mickey Fulp, the Mercenary Geologist. Related posts: Gold to Enter New Bull Market – Charles Nenner An Inquiry into Austrian Investing: Profits, Protection and Pitfalls The Great Gold Upgrade, Report...

We are delighted to announce a very special guest for our next episode of the Goldnomics Podcast, due for release later this week. We recently had the opportunity to speak with the legendary investor and adventure capitalist Jim Rogers. Jim is an American businessman, investor, traveler, financial commentator and author. He is the Chairman of Rogers Holdings and Beeland Interests, Inc. He was the co-founder of the...

Incrementum Advisory Board Discussion Q3 2018 with Special Guest Kevin Duffy “From a marketing perspective it pays to be overconfident, especially in the short term. The higher your conviction the easier it will be to market your investment ideas. I think the Austrian School is at a disadvantage here because it’s more difficult to be confident about your qualitative predictions and even in terms of investment advice it...

Today we’re bringing you another clip from our upcoming Episode of the Goldnomics Podcast with the legendary investor and “Adventure Capitalist”, Jim Rogers. In this clip Jim tells us what he thinks about the long-term safe-haven status of the US dollar and what he sees as the future for the Euro currency. Jim also give us his opinion on what he suspects might be the currency to emerge as the only viable but necessary...

Chimerica always seemed like an oversimplification of a complex and dialectic relationship between the US and China. However, it did express an underlying truth, that China’s rise over the last 40 years has been predicated on Deng Xiaoping’s political and economic reforms and, importantly, the world of free-trade (a reduction in tariff barriers to trade) promoted by the United States. America seems to hold two seemingly...