SNB & CHF

Will Gold Outperform Stocks? Will gold outperform? With the paperocentric theory, this is hard to answer. We have to estimate increases in the quantity of dollars and calculate how much it will cause prices to rise. Then we have to somehow put a value on gold. It boils down to a guess. The Bull Market in Stocks May Be Over The great stock bull market is, perhaps, done. To most people, a bull market is good, and its end is bad. After all, a rising market signifies a healthy economy....

The prices of the metals moved up a bunch this week, with gold + $32 and silver +$0.55. We have seen some discussion of gold backwardation in the context of scarcity, and hence setting expectations of higher prices. That’s good, as the swings from contango to backwardation and back are the only way to understand changing supply and demand in the market. You should be cautious about trading news. With Fed’s meeting, gold and silver prices moved to backwardation: Future delivery prices are...

The prices of the metals moved up a bunch this week, with gold + $32 and silver +$0.55. We have seen some discussion of gold backwardation in the context of scarcity, and hence setting expectations of higher prices. That’s good, as the swings from contango to backwardation and back are the only way to understand changing supply and demand in the market. You should be cautious about trading yesterday’s news. There was indeed backwardation in gold and silver. However, the cobasis is a...

Swiss forests are doing well according to the government’s latest report on the subject. But the prognosis isn’t good. (SRF/swissinfo.ch) --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel: Website: http://www.swissinfo.ch Channel:...

You are cordially invited to a discussion of the economy, markets, interest rates, commodities, speculation, investment, and of course the monetary metals and our unique approach to valuing them. This seminar was successful in New York on Sep 11, and all the seats filled up. Here is the agenda. 1pm to 2:30pm You cannot understand what’s happening in the markets with the conventional view. This view says that central banks print, that a currency’s value is the inverse of its quantity, the...

MoneyWeek’s editor in chief Merryn Somerset Webb talks to Bill Bonner about economic cycles and the ‘cashless society’. Click here to find out how it could affect you: http://pro1.moneyweek.com/434014/ Interview recorded March 2015 Click here to subscribe to MoneyWeek videos: http://tinyurl.com/zg57szy

MoneyWeek’s editor in chief Merryn Somerset Webb talks to Bill Bonner about economic cycles and the ‘cashless society’. Click here to find out how it could affect you: http://pro1.moneyweek.com/434014/ Interview recorded March 2015 Click here to subscribe to MoneyWeek videos: http://tinyurl.com/zg57szy

About a half of young Swiss people don’t like their bodies, according to a recent study. (SRF/swissinfo.ch) Around 400 teenagers aged 13-17 participated in the survey, conducted by Health Promotion Switzerland (HPS), which is funded by the health insurance system. The study is part of a long-term project addressing the problem of unrealistic body image, which the authors blame on teenagers’ over exposure to unrealistic images and unhealthy body ideals, particularly through social media....

Consider the sport of betting on the sport of horse racing. It’s actually similar to the analysis of the gold and silver markets. How’s that? The Gold Cup Horses First, there is the manic-depressive crowd. Sometimes (as we are told—we don’t hang out at race tracks) the bettors sometimes get overly excited about a horse with slim chances to win, or get totally unexcited about a strong horse. The track responds by lowering or raising the payout for winning, respectively. The more betting...

The stock market works very differently than the natural world. When an animal is spooked, its first reaction is to freeze. Naturalists say that freezing helps animals escape the attention of predators, which hunt by sensing movement. Try that trick in the stock market – freezing when you should be taking action – and you’ll either be knocked silly by the bears or left behind by the bulls. Instincts are counter-productive We do not believe in the “rely on your gut” principle, propagated on...