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SNB & CHF

FX Daily, June 28: Markets Stabilize on Turn Around Tuesday

The global capital markets are stabilizing for the first time since the UK referendum.  It is not uncommon for markets to move in the direction of underlying trends on Friday’s; see follow-through gains on Monday, and a reversal on Tuesday.  That is what is happening today.  Turnaround Tuesday after such dramatic price action over the last two sessions has the feel of the proverbial dead cat bounce. Brexit There has...

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Swiss Sovereign money initiative: war on bankers but not on central banksters

The Swiss Sovereign Money Initiative targets the Swiss banks, that already today are quite conservative in giving new loans.  It fails to target the real responsible of the massive Swiss money creation, the Swiss National Bank. “If you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.” –Josiah Stamp Isaac Davis, Staff...

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“Brexit Sends A Clear Message To Sick Political Elite” Marc Faber Sees “Only Good Contagion”

“We’re moving into a global recession that has nothing to do with Brexit,” warns Marc Faber stressing that Britain leaving the EU would not be disastrous, saying that if Switzerland can operate in a “single” market and outside of the EU so can Britain.  “Brexit is a victory of ordinary people, common sense and people who are prepared to take responsibility for the sake of freedom against a political and...

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How Exceptional are Conditions?

Summary If conditions are exceptional, isn’t BOJ intervention more likely? If conditions are exceptional, the ban on European government supporting banks might not be valid. Italy is leading the charge in Europe. How exceptional are market developments? Much rests on the answer. If these are extraordinary circumstances, then Japanese intervention becomes more likely. Of course, Japanese policymakers have been...

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SatoshiPay’s Meinhard Benn speaks to Jan Skoyles

At a recent Coinsilium investor event, Jan Skoyles took the opportunity to speak to SatoshiPay co-founder Meinhard Benn. The innovative nano payments company has recently launched its API and announced a project with Visa. Jan spoke to Meinhard about SatoshiPay's involvement with Coinsilium and what 2016 holds. If you would like to find out more about investing in Coinsilium, please email [email protected].

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SatoshiPay’s Meinhard Benn speaks to Jan Skoyles

At a recent Coinsilium investor event, Jan Skoyles took the opportunity to speak to SatoshiPay co-founder Meinhard Benn. The innovative nano payments company has recently launched its API and announced a project with Visa. Jan spoke to Meinhard about SatoshiPay's involvement with Coinsilium and what 2016 holds. If you would like to find out more about investing in Coinsilium, please email [email protected].

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