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SNB & CHF

Google challenges Swiss data cloud contract decision

Tangled in the cloud: a Federal court will now review the contract decision. © Keystone / Gaetan Bally Google has appealed a recent Swiss decision to award a cloud-computing contract to five other digital firms. The tender process has also come under criticism by defenders of data sovereignty. Google’s appeal targets the government’s decision last month to name US companies Amazon, IBM, Microsoft, and Oracle, and Chinese firm Alibaba, as winning candidates to create...

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Jeff Snider (Reverse Repo Deep Dive, Mind Blowing Intel On Shadow Banking Risks, Why Zoltan’s Wrong)

Check out the next Rebel Capitalist Live at https://www.rebelcapitalistlive.com ✅ LYN ALDEN and I discuss portfolio that will HELP YOU profit from DOLLAR losing reserve currency status, click this link to check it out!! ? https://www.georgegammon.com/portfolio For more content that'll help you build wealth and thrive in a world of out of control central banks and big governments check out the videos below! ? ? Subscribe for more free YouTube tips:...

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Celebrating Five Years of Interest on Gold

[unable to retrieve full-text content]This month marks the five-year anniversary of Monetary Metals paying interest on gold. It was July 2016 when we offered our first Gold Fixed Income True Gold Lease. The gold lease was to Valaurum for manufacturing their flagship product, the Aurum®. It paid 3.0% interest on gold to investors (you can read the original press release here).

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Do Rising ‘Global’ Growth Concerns Include An Already *Slowing* US Economy?

[unable to retrieve full-text content]Global factors, meaning that the wave of significantly higher deflationary potential (therefore, diminishing inflationary chances which were never good to begin with) in global bond yields the past five months have seemingly focused on troubles brewing outside the US. Overseas turmoil, it was called back in 2015, leaving by default a picture of relative American strength and harmony.

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Forced Vaccinations in France Bring Both Repression and Protest

[unable to retrieve full-text content]In a speech to the nation just ahead of Bastille Day on July 14 celebrating the French Revolution, President Emmanuel Macron delivered a paradoxical blow to the Republic’s famous slogan: Liberté, égalité, fraternité. He announced a series of measures to speed up the pace of covid-19 vaccinations which undermine individual liberties and threaten a strong political and economic backlash.

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90: What is that Thing’s Value Today?

Professor Sam Williamson, economic historian, explains why the value of commodities, projects and income/wealth should be properly measured across time AND IT IS NOT WITH A CPI INDEX! Otherwise, like a recent NY Times article, your worth may be off by a factor of 20!!!! --------REFERENCES-------- Measuring Worth: https://bit.ly/36TfZZD Measuring Worth Twitter: https://bit.ly/3BuZotf Measuring Worth Blog: https://bit.ly/3rqyz4R NY Times Tulsa Article: https://nyti.ms/3eKKDIR National...

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FX Daily, July 22: Enguard Lagarde

Swiss Franc The Euro has risen by 0.08% to 1.0828 EUR/CHF and USD/CHF, July 22(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The rally in US shares yesterday, ostensibly fueled by strong earnings reports, is helping to encourage risk appetites today. The MSCI Asia Pacific Index is posting its biggest gain in around two weeks, though Japan’s markets are closed today and tomorrow. The Dow Jones Stoxx 600 is...

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Honey production collapses in Switzerland

A Zurich apiarist checks her bees in April © Keystone / Gaetan Bally The short spring and wet summer means Swiss bees have produced ten times less honey than usual. As a result the price of honey is set to increase. After last year’s exceptional harvest, 2021 is looking very meagre: while a hive normally produces 15-20 kilos of honey, the current figure is 0-3 kilos, Swiss public radio, RTS, reportedExternal link on Thursday. “The scarcity of honey is mainly due to...

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