SNB & CHF

Systemically, the US is undergoing socio-economic collapse, which means that individually, we all have to understand the place we are living, and, more importantly, if we need to move out of that place in order to not just survive, but to perhaps even thrive in our unfolding economic landscape. Charles Hugh Smith from Of Two Minds joined Paul "Half Dollar" Eberhart of Silver Doctors on Monday, January 17, 2022, for a robust discussion on the collapse of the US in general, and the...

Swiss Franc The Euro has fallen by 0.05% to 1.0424 EUR/CHF and USD/CHF, January 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Russia is thought to be behind the cyber-attack on Ukraine at the end of last week, but a military attack over the weekend may be underpinning risk appetites today. The dollar’s pre-weekend gains are being pared slightly. Led by the Canadian dollar and Norwegian krone, the greenback...

Die Mass Adoption bleibt weiterhin das große Ziel des Bitcoin. Gerade das reguläre Handelsgewerbe ist hier ausschlaggebend. Daher sind es gute Nachrichten, dass inzwischen rund ein Viertel der Kleinunternehmen planen, Zahlungen mit Bitcoin einzuführen – so heißt es zumindest in einer Studie des Kreditkartenanbieters Visa. Bitcoin News: 25% der Kleinunternehmen möchten Bitcoin-Zahlungen umsetzen Als Tesla im letzten Jahr Bitcoin-Zahlungen ermöglichte, war das...

The destruction of the currency and the insidious intrusion of government control into every aspect of our lives are on track to cause a stealth collapse of civilization as we know it. Keith Weiner, founder and CEO of Monetary Metals, is on a mission to educate people about the dark design of the fiat currency system and how to reclaim hope for our future through tangible and sustainable income growth based on real money: gold and silver. Find Keith online: http://monetary-metals.com 0:00...

Some commentators attribute the latest sharp increase in the Consumer Price Index to businesses pushing prices of goods higher in order to secure higher profits. (See the New York Times article “Democrats Blast Corporate Profits as Inflation Surges,” January 3, 2022). Note that the yearly growth rate of the Consumer Price Index jumped to 6.8 percent in November 2021 from 1.2 percent the year before. However, is it true that businesses are determining the prices of...

Many company executives are attracted by the scenery, high paying jobs and low tax rates offered in Switzerland. © Keystone / Christian Beutler Swiss Finance Minister Ueli Maurer has hinted that cantons might lower income taxes for well-heeled executives as the country braces for the impact of a minimum corporate tax rate. Speaking to the NZZ am Sonntag newspaper, Maurer said cantons are discussing the idea of reducing upper rates for high earners. As in many...

The US dollar had one of its worst weeks in a few months. Although there has been some talk about the historical pattern of weakness after the first Fed hike in a cycle, many participants were surprised. The dollar struggled in the last couple of weeks of 2021, but this seemed to be explained by year-end position squaring amid light interest. Broad measures of US and European equities sold off last week. The pre-weekend recovery in the S&P 500 and NASDAQ could...

SEBA Bank, a digital assets firm with a Swiss banking license from FINMA, announced that it has raised CHF 110 million in a significantly oversubscribed Series C funding round. The round was co-led by Altive, Ordway Selections, and Summer Capital, as well as DeFi Technologies, a NEO listed leader in decentralised finance. Alameda Research, a global cryptocurrency quantitative trading firm and liquidity provider, as well as core partner of FTX, also participated in...

During a confirmation hearing with the US Senate this week, Fed chairman Jerome Powell was asked about whether or not a digital currency issued by a central bank could exist side by side with private cryptocurrencies. Powell responded that there is nothing that would prevent private cryptos from “coexisting” with a “digital dollar.” This, of course, is obviously true so long as federal regulators do not decide to ban the usage of cryptocurrencies. Business...

In 2021, global carbon pollution returned almost to 2019 levels, after a drop during the lockdowns of the pandemic year 2020. Copyright 2021 The Associated Press. All Rights Reserved The production and trade of goods is at the heart of the globalised market and has a significant environmental impact. Yet there was little discussion at COP26 on how to make it more sustainable, the former director of the World Trade Institute (WTI) tells SWI swissinfo.ch. The goods we...