SNB & CHF

While some conservatives are criticizing President Biden for hiring 87,000 new well-armed IRS agents under the guise of fighting inflation, I’ve got a better idea: Let’s just abolish the IRS and, at the same time, end the federal income tax.  The idea is actually not as radical as it sounds. It certainly wouldn’t have sounded radical to Americans who lived here in the United States from 1776 to 1913. For virtually that entire period of time, Americans lived without...

Solar energy systems supplied 6.5% of the electricity required in Switzerland in the first half of 2022 © Keystone / Jean-christophe Bott Fears of an electricity shortage in Switzerland appear to have had a positive effect on the expansion of solar energy. The Swiss Federal Office of Energy (SFOE) expects the market to grow by around 50% in 2022. New photovoltaic construction in Switzerland rose by 43% to 683 megawatts in 2021, revealed SFOE statistics on solar...

History matters, especially as the New York City today faces still another subway crisis. The New York subway system’s history illustrates the failures of state enterprise. The subways have been bad for so long that few know when the subways were “an engineering marvel.” That was when subway private management companies made money, about a century ago. Today there’s consensus the red-ink government subways are a nightmare. The state agency operating them has wasted...

Gold Return On Gold Discussion | https://www.themorganreport.com/join David Morgan and Keith Weiner Interview. Monetary Metals is a different kind of gold company. Others buy or sell gold. We are a platform for products that offer investors a Yield on Gold, Paid in Gold®. We call it The Gold Yield Marketplace. Watch this video on Gold Return On Gold Discussion, then please share with your friends and family on social media and use the caption Gold Return On Gold Discussion Market...

Global Financial Crisis Jeff Snider Indian ruppee. India #jeffsnider#treasurybills#economy#useconomy credit: Emil Kalinowski https://www.youtube.com/watch?v=O-6qgQ1FKtI DISCLAIMER : I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the...

I’m back from Geneva where, among other things, I briefly visited the headquarter of the World Economic Forum (WEF) to express my appreciation for this organization. Check out my picture :-). In addition I enjoyed a conversation with Jose El Niño – you will find the podcast under the below link. Claudio Grass, Switzerland If you want to listen, please click on the following link to the podcast:...

In 2000 and 2006 the inversion of future 2-year rates and current 2-year rates correctly predicted when the Fed would stop hiking rates. Of course, the Fed had no idea it would stop -- markets knew it though. Where is the future 2-year rate relative today? An eyelash from inversion. ****EP. 283 REFERENCES**** RealClear Markets Essays: https://bit.ly/38tL5a7 Epoch Times Columns: https://bit.ly/39ESkRf ****THE EPISODES**** YouTube: https://bit.ly/310yisL Vurbl: https://bit.ly/3rq4dPn...

The strong franc only goes so far in protecting Switzerland from inflation. © Keystone / Gaetan Bally The cost of goods and services in Switzerland rose 3.5% in August compared to the same month last year, but the inflation rate still remains below that of many other countries. Prices for imported goods leapt 8.6%, according to the Federal Statistical Office (FSO), while domestic products went up 1.8%. Rising energy and fuel costs are the main drivers of inflation –...

Listen to the audio version of this article here. The price of silver hit a peak over $26.50 on March 8. It spent about a month and a half breaking down, and then the bottom fell out. It’s currently down from that peak almost 8 bucks. Breaking Down Fundamental Silver Prices However, the opposite has been happening to silver’s scarcity. First, let’s look at a chart of the silver market price and the silver fundamental price. The market price is down a lot since that...

The lagged effect of inflation. “Just call me Ishmael,” Jay. . [embedded content] Tags: economy,Featured,Federal Reserve/Monetary Policy,newsletter