SNB & CHF

Vincenz is a former Swiss ‘banker of the year’. © Keystone/Michael Buholzer A Swiss court has sentenced former Raiffeisen bank chief Pierin Vincenz to almost four years in prison for fraud, forgery of documents and criminal mismanagement. Judges on Wednesday handed down a jail sentence of 43 months as well as a suspended fine of CHF840,000 ($899,858). Vincenz was also ordered to refund CHF236,000. He was accused of making millions through illicit deals while he was...

This week on GoldCore TV, Dave Russell welcomes Tim Price of Price Value Partners. Tim sees the current inflationary pressures as simply the beginning of a bigger move that could end in a new monetary system. [embedded content] Make sure you don’t miss a single episode… Subscribe to our YouTube channel [embedded content] You Might Also Like Gold Price Today – Gareth Soloway 2022-03-24...

German optimism was predictably, inevitably sent crashing in March and April 2022. According to that country’s ZEW survey, an uptick in general optimism from November 2021 to February 2022 collided with the reality of Russian armored vehicles trying to snake their way down to Kiev. Whereas sentiment had rebounded from an October low of 22.3, blamed on whichever of the coronas, by February the index had moved upward to 54.3. It currently stands at -41.0, collapsing...

Classic roundtable from September, 2020. In this roundtable discussion, David Gornoski is joined by Mises Institute’s Jeff Deist, Keith Weiner of Monetary Metals, and James Dale Davidson, author of the Sovereign Individual. Together, they discuss the history and future of gold as an investment asset for the average Joe, general misconceptions of investing in gold, the Fiat money system, the economic effects of foreign policy, and more. VIsit A Neighbor's Choice website:...

Michael Green, professional gentleman of capital market structure, explains why US Treasury yields are rising, why options for Eurodollar future negative yields are gaining value, and why the balance of probabilities favors monetary / economic disinflation / deflation, not expansion, growth or inflation. -----SEE ALL EPISODES----- Alhambra YouTube: https://bit.ly/2Xp3roy Emil YouTube: https://bit.ly/310yisL ----HEAR ALL EPISODES----- Vurbl: https://bit.ly/3rq4dPn Apple:...

Auch im März war es lukrativer Ethereum zu minen als Bitcoin. Insgesamt verdienten die Miner mit dem ETH 1,34 Milliarden US-Dollar, damit sahen die Miner gegenüber Februar einen Anstieg von 7 Prozent. Bitcoin Miner verdienten im selben Zeitraum nur 1,21 Milliarden. Ethereum News: Ethereum Miner verdienen mehr als Bitcoin Miner Relativ betrachtet gab es im Bitcoin Markt jedoch 14 Prozent mehr als im vorherigen Monat. Dennoch reichte es nicht, um den ETH zu überholen....

Overview: It is a new day, but with the continued rise in interest rates and weaker equities, it feels like yesterday. Only China and Hong Kong among the major markets in Asia Pacific resisted the pull lower.  Europe’s Stoxx 600 is off by more than 0.5% led by health care and real estate. It is the fourth loss in five sessions and brings the benchmark to its lowest level since March 18. US futures are flattish. Yesterday, the NASDAQ fell by more than 2% for the third...

It is undeniable that the ongoing crisis in Ukraine has polarized Western societies to an extent unseen in decades in any other foreign conflict. For over a month, we have been bombarded unceasingly by all mainstream media sources with reports and stories about Russia’s invasion and this conflict has already created deep social rifts in many other nations, and EU members in particular. No matter where one stands on this topic and no matter how passionate one might...

Part III – Gold Standards, the good, the bad, and the ugly. Gresham’s law and gold. Is it even possible to return to a gold standard today? Is Russia leading the push, or do we need something else?   What A Gold Standard Isn’t  Can we all recognize the simple fact that every government price-fixing scheme, ever, has failed?  For example, banana republics have declared their pesos to be worth $1. But when the market decides to redeem pesos for dollars 1-to-1, the...

Switzerland has ambitious greenhouse gas reduction plans but has yet to implement a concrete plan to realise them. © Keystone / Gaetan Bally Switzerland has narrowly missed its target of reducing greenhouse gas emissions by 2020 despite coronavirus lockdowns and an unusually warm winter. The Alpine state had set itself the target of reducing harmful emissions by 20% compared to 1990 levels. The actual reduction was 19%, the Federal Office for the Environment said on...