SNB & CHF

[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).

[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.

[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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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...

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...

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...

Perhaps we should update Marie Antoinette’s famous quip of cluelessness to: “Let them eat space tourism.” As billionaires squander immense resources on self-glorifying space flights, the corporate media is nothing short of worshipful. Millions of average citizens, on the other hand, wish the self-glorifying billionaires had taken themselves and all the other parasitic, tax-avoiding, predatory billionaires with them on a one-way trip into space. Have we reached Peak...

[embedded content] [embedded content] You Might Also Like SNB Sight Deposits: Inflation is there, CHF must Rise 2021-07-19 Sight Deposits have risen by +0.2 bn CHF, this means that the SNB is intervening and buying Euros and Dollars. RRP No Collateral Coincidences As Bills Quirk, Too 2021-07-12 So much going on this week in the bond market, it actually...

Can there be innovation in physical gold? Absolutely! In our increasingly digital reality, innovation in the material world may seem a bit passé, but not to Dr. Adam Trexler, founder and President of Valaurum. Valaurum produces the Aurum® – the smallest verifiable unit of gold for investment available on the market today. Adam joined Keith and John for an invigorating discussion on what the future of gold is going to look like. “We’re at the tip of the iceberg in...