SNB & CHF

Noch bevor Elon Musk den Staffelstab offiziell übernimmt, kommen Gerüchte auf, dass Twitter an einer Crypto-Wallet arbeitet. Bereits Jack Dorsey war dafür bekannt, den Crypto-Markt auf der Social Media Plattform einbinden zu wollen. Crypto News: Twitter arbeitet an Crypto-WalletDie Meldung kommt allerdings nicht von offizieller Seite und wurde von Twitter weder bestätigt noch verneint. Jedoch kommt sie von einem Developer, der bereits in der Vergangenheit...

Overview: The yen and sterling are trading quietly after the recent drama, but with the Party Congress ending, the Chinese yuan has been permitted to fall faster. It approached the 2% band today and its loss of about 0.65% today makes it the weakest among the emerging market currencies. Most of the major currencies seem to be consolidating. Chinese stocks pared earlier losses as foreign buying via the Hong Kong link returned after large sales yesterday. Asia Pacific...

Die Konsequenzen der Energiewende und der Deindustrialisierung Deutschlands erinnern an den amerikanischen Morgenthau Plan von 1944. Dieser sah neben der territorialen Zerstücklung die Umwandlung Deutschlands in einen Agrarstaat vor. Zehn bis zwanzig Millionen Menschenopfer sollten in Kauf genommen werden. Erst 1947 wurde der Morgenthau-Plan offiziell fallen gelassen und 1948 durch die Marshallplanhilfe ersetzt. Worin bestanden die Zielsetzungen des...

Pandemic Wealth Effect The top 1% of the US made about $14T or $4.2M per person. The next 19% made about $20T or $318,000 per person. The next 30% made about $5T or $50,000 per person. The bottom 50% made about $1T or $6,000 per person. The resulting inflation is at a 40yr high and Powell wants the money back. Let’s recap what happened in the last 2 to 3 years. In addition to the Fed providing liquidity during the pandemic, there was a coordinated effort between...

Buying a train ticket with a bicycle will become easier; getting the bike onto the train won’t Keystone / Gaetan Bally Ticket prices for Swiss public transport will remain stable for 2023 for the seventh consecutive year. Only “a few tourist businesses” are planning to adjust their fares for next year, says the SwissPass Alliance. In addition, from December 11, when the new Swiss Federal Railways timetable comes into effect, there will be a customer group specific to...

Since I am an economist and my school year is not too far along, my classroom discussion of how all of economics traces back to the fact of scarcity (the combination of limited resources, which implies a limited ability to produce, along with wants that always exceed the amount that can be produced) facing everyone was quite recent. That was why Brad Polumbo’s recent article, “What AOC and Nina Turner Get Wrong about the ‘Scarcity Mindset,’” so quickly drew my...

CEO of Monetary Metals Keith Weiner gave a talk at the New Orleans Investment Conference on how to build and destroy a pension fund system in 22 easy steps. If you’d like to see an excellent case study of these steps in action, see the United Kingdom. Let’s lay out the 22 easy steps from start to finish. Read the full article here: https://monetary-metals.com/destroy-pension-fund-22-steps/ Earn Interest on Your Gold and Silver with Monetary Metals 🏆 Gold Fixed Income...

BUY SILVER & GOLD and support this channel! Personal service, competitive pricing, and over three-decades in business. CALL US: 1-888-81-LIBERTY (1-888-815-4237) or email your name and phone number to [email protected] For four decades, interest rates have been falling. To make returns in such an environment, financial institutions and pension funds have had to leverage themselves to unprecedented levels. These distortions have largely been allowed due to an abandonment...

With inflation recently hitting a high not seen since 1981, it is now apparent that the factors that drove the disinflation trend of the last four decades are coming to an end. Globalization and demographics, the two big factors that combined to hold down prices and wages for so long, are reversing, and so too is the downtrend in prices, wages, and interest rates. While 1970s levels of inflation seem unlikely, several trends are converging to keep upward pressure on...

Hu Jintao wasn't just Xi Jinping's predecessor. Hu was a technocrat who represented a different method for pursuing the Chinese socialist agenda, one that shared more in common with the rest of the world. Making an example of him in front of the external cameras, the message is equally chilling as it is historic for all the wrong reasons. Eurodollar University's Money & Macro Analysis Twitter: https://twitter.com/JeffSnider_AIP https://www.eurodollar.university...