SNB & CHF

Martin Schlegel - Click to enlarge At its meeting of 4 July 2018, the Federal Council appointed Martin Schlegel as the new Alternate Member of the Governing Board of the Swiss National Bank (SNB), following the proposal of the SNB’s Bank Council. He will take up the position of Deputy Head of Department I as of 1 September. Martin Schlegel is currently Head of the SNB’s branch office in Singapore. Having graduated...

July 4th is an appropriate day to borrow Winston Churchill’s the gathering storm to describe the existential crisis that will envelope America within the next decade. There is no single cause of the gathering storm; in complex systems, dynamics feed back into one another, and the sum of destabilizing disorder is greater than a simple sum of its parts. Causal factors can be roughly broken into two categories: systemic...

Authored by Darryn Pollock via CoinTelegraph.com, Image courtesy of CoinTelegraph - Click to enlarge Bitcoin’s polarizing effect has people on both ends of the scale either proclaiming it is going to the moon or it is going to zero. The volatile, unprecedented, and revolutionary monetary system that is cryptocurrency has a future that not many can accurately predict, but as time has gone on, the idea that Bitcoin is...

Swss Franc The Euro has risen by 0.38% to 1.161 CHF. EUR/CHF and USD/CHF, July 05(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge The US dollar is softer against most of the major currencies and mixed against the emerging market currencies. European currencies firmer, with the continued recovery of the Swedish krona on the back of a more hawkish central bank, and the euro poking...

Neuchâtel, 5 July 2018 (FSO) – The consumer price index (CPI) remained stable in June 2018 compared with the previous month, reaching 102.1 points (December 2015=100). Inflation was 1.1% compared with the same month of the previous year. These are the results of the Federal Statistical Office (FSO). The stability of the index compared with the previous month is the result of opposing trends that counterbalanced each...

© Brad Calkins | Dreamstime.com Historically, Switzerland has offered certain foreign companies special preferential tax deals in order to attract them. In response to international pressure, the current system is to be phased out replacing preferential tax rates with lower universal ones in the hope that these companies will stay. The central challenge is how to cover the tax revenue lost when companies taxed at the...

Via The Daily Bell, Did you know that for 99.2% of recorded human history, money was backed by a gold standard? And only for the last 47 years has the world largely moved away from the gold standard. It is easy to feel like we are on top of the world in 2018. Technology has never been better or more easily accessible. The standard of living is rapidly rising. But does that mean we should dispense with 5,000 years of...

„An der Grenze des Erträglichen“ – so beurteilt Bundesrat und Finanzminister Ueli Maurer die Bilanz der Schweizerischen Nationalbank (SNB). Als ehemaliger Präsident des Zürcher Bauernverbandes ist Maurer zu einer Milchbüchlein-Rechnung fähig. Als Inhaber des eidgenössischen Buchhalter-Diplomes kann er auch eine Bilanz beurteilen. Eine Milchbüchlein-Rechnung und einfachste Bilanzkenntnisse genügen, um zu erkennen, dass...

Nevada Legislation Enables Gold Bonds https://www.prnewswire.com/news-releases/nevada-legislation-enables-gold-bonds-300675018.html Monetary Metals - The Benefits of Issuing Gold Bonds https://monetary-metals.com/the-benefits-of-issuing-gold-bonds/ Gold Bonds to Avert Financial Armageddon by Keith Weiner https://keithweinereconomics.com/2012/02/02/gold-bonds-to-avert-financial-armageddon/ Follow Keith on Twitter @kweiner01 Become a Smaulgld Patron https://www.patreon.com/smaulgld...

Nevada Legislation Enables Gold Bonds https://www.prnewswire.com/news-releases/nevada-legislation-enables-gold-bonds-300675018.html Monetary Metals - The Benefits of Issuing Gold Bonds https://monetary-metals.com/the-benefits-of-issuing-gold-bonds/ Gold Bonds to Avert Financial Armageddon by Keith Weiner https://keithweinereconomics.com/2012/02/02/gold-bonds-to-avert-financial-armageddon/ Follow Keith on Twitter @kweiner01 Become a Smaulgld Patron https://www.patreon.com/smaulgld...