SNB & CHF

Gold and silver price actions have been the opposite of dramatic for months now, they have been boring. In the last 100 days, gold has moved sideways in the US$100 range between $1725 and $1825. Silver had a similar experience moving in a US$5 range between $21.50 and $26.50. These ranges are quite small when compared to exciting moves in Tesla shares and cryptocurrencies such as Shiba! Some people think that being boring this year means we should not own the...

In this article CEO Keith Weiner explains how gold is beating bitcoin. Case in point, bitcoin is not suitable for borrowing. He also debunks the idea that bitcoin is "digital" gold or better than the real thing. To read the full article click here: https://monetary-metals.com/gold-1-bitcoin-0/ Earn Interest on Your Gold and Silver with Monetary Metals 🏆 Gold Financing, Simplified™ https://buff.ly/3wLaI2F 🔐 The New Way to Hold Gold https://buff.ly/3xoCgNm 📈 The Case for...

The United States' third quarter is in the books - how did the economy do? A reading, by Emil Kalinowski. ----------WHO---------- Jeff Snider of Alhambra Investments. Read by Emil Kalinowski. Art by David Parkins. Intro/outro is "Alegro" by TAGE at Epidemic Sound. ----------WHAT---------- GDP Red Flag: https://bit.ly/2ZIBbBD ----------WHERE---------- Jeff's Alhambra Blog: https://bit.ly/2VIC2wW Jeff's RealClearMarkets Essays: https://bit.ly/38tL5a7 Jeff's Twitter:...

Picture, if you can, a world in which gold circulates as the medium of exchange. People pay for everything, from groceries to rent, in gold. Employers pay wages in gold. Productive enterprises borrow gold to finance everything from food production to constructing apartment buildings. In other words, picture a world where there’s abundant opportunities to earn a yield on gold and finance productive businesses in gold. What Happened to Gold After the Gold Standard? It...

Lessons from the Fall of the Roman Empire – Part II of II Gold-backed civilization vs. the Welfare State Many rational economists and students of history have written countless analyses on the gold standard and the terrible impact that its end has had on the world economy. However, as the Fall of Rome clearly demonstrates, the implications of the introduction of the fiat money system and of the limitless manipulation of the currency by the State reach much further....

In previous installments, I introduced the Great Reset idea1 and treated it in terms of its economic2 and ideological3 components. In this, the sixth installment, I will discuss what the Great Reset entails in terms of governance and the Fourth Industrial Revolution (4-IR), closing with remarks about the overall Great Reset project and its implications. According to Klaus Schwab, the founder and executive chair of the World Economic Forum (WEF), the 4-IR follows the...

Bring on the tantrum. Forget this prevaricating, we should want and expect interest rates to get on with normalizing. It’s been a long time, verging to the insanity of a decade and a half already that keeps trending more downward through time. What’s the holdup? You can’t blame COVID at the tail end for a woeful string which actually dates back farther than the last pandemic (H1N1). Emil Kalinowski has it absolutely right; what happened in 2013 in the Treasury...

Source: Twitter Over the weekend the owners of a family-run restaurant were taken into police custody for defiantly operating their restaurant in contravention of Switzerland’s Covid rules, reported 20 Minutes. On Saturday 30 October 2021, the police arrested the operators of the Walliserkanne restaurant in Zermatt. Three family members, a mother, father and son were arrested on Saturday morning and taken into custody. The restaurant operators had refused to check...

How can anyone say there’s a dollar shortage and dramatically rising deflationary potential right now? Easy, actually. A reading, by Emil Kalinowski. ----------WHO---------- Jeff Snider of Alhambra Investments. Read by Emil Kalinowski. Art by David Parkins. Intro/outro is "Alegro" by TAGE at Epidemic Sound. ----------WHAT---------- Short Run TIPS, LT Flat, Basically Awful Real(ity): https://bit.ly/3bu4Y38 ----------WHERE---------- Jeff's Alhambra Blog:...

The line of dominoes that is already toppling extends around the entire global economy and financial system. Plan accordingly. That China faces structural problems is well-recognized. The list of articles in the August issue of Foreign Affairs dedicated to China reflects this: Xi’s Gamble: the Race to Consolidate Power and Stave Off Disaster China’s Economic Reckoning: The Price of Failed Reforms The Robber Barons of Beijing: Can China Survive its Gilded Age? Life...