SNB & CHF

To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com Tom welcomes a new guest to the show Mark O'Byrne who is Research Director and founder of GoldCore, a Bullion dealer based out of Ireland. They provide services and bullion sales around the world, with vaults in Singapore and Switzerland. Mark discusses his outlook for the precious metals markets and what lead him to start a bullion business. He outlines the differences between bail-outs and...

Der Bundesrat hat im November 2019 die Einführung der Finanzierungsquote für Banken (Net Stable Funding Ratio, NSFR) beschlossen. Dies macht kleine Anpassungen des FINMA-Rundschreibens „Liquiditätsrisiken – Banken“ notwendig. Dazu eröffnet die FINMA eine Anhörung, die bis am 13. Juli 2020 läuft. Der Bundesrat hat im November 2019 beschlossen, die Finanzierungsquote für Banken (Net Stable Funding Ratio, NSFR) auf Mitte 2021 einzuführen und die Liquiditätsverordnung...

The International Air Transport Association (IATA) and the Universal Postal Union (UPU) have asked governments to increase air capacity for postal services. A 95% decrease in passenger flights coupled with an almost 30% increase in online purchasing is putting pressure on postal services delivering international mail, the UPU and IATA said in a statement on Monday. They warned that air capacity for postal services is insufficient to meet demand. Maintaining...

The dollar fell against all the major currencies and most of the emerging market currencies last week. The Dollar Index fell by 1.3%, the biggest loss since the last week of March, and posted its lowest close in nearly three weeks ahead of the weekend. There seemed to be a change in the market after key equity benchmarks, like the MSCI ACWI Index of both emerging and developed markets put in a recovery high in the middle of last week. The S&P 500 also peaked at...

The price of gold dropped $29 and the price of silver dropped $0.27. We’ll get back to where we think the prices are likely to go in a bit. In recent Reports, we’ve looked at the elevated bid-ask spread in gold (though not nearly as elevated as some goldbugs would have you believe) and the elevated gold basis. As an aside, we continue to see articles that get the high gold basis exactly backwards, the way John Maynard Keynes got commodity markets backwards. A high...

As we get deeper into this crisis and we get used to our “new normal”, it’s easy to focus on the daily corona-horror stories in the media or the latest shocking unemployment numbers, and lose track of the bigger picture and of what is really, fundamentally important. Even as the lockdown measures begin to get phased out, the scale of the economic damage is unimaginable and the idea of returning to “business as usual” is no longer tenable. The last couple of months...

Ich möchte euch heute erklären, was ich mache, wenn ich Waren nicht verkaufen kann und diese im Lager hängen bleiben. Wie du da vorgehen kannst, um dieses Risiko vermeidest, zeige ich euch in diesem Beitrag. Reselling Risiko – Auf Waren sitzen bleiben Wenn Waren sitzen bleiben, steckt Kapital fest, das eigentlich Gewinne machen könnte. Das ist ja das große Problem im Reselling. Das Ganze ist auch etwas von der Nische abhängig, denn gerade im Elektronikbereich hat...

Swiss Franc The Euro has fallen by 0.11% to 1.054 EUR/CHF and USD/CHF, May 04(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The constructive mood among investors in April has given way to new concerns as May gets underway. Japan and China are still on holiday, but most of the other markets in Asia fell, led by 4.5%-5.5% declines in Hong Kong and India, and more than 2% in most other local markets. Australia...

Through a blood sample, the test can detect antibodies to the new coronavirus, which could signal a person may have already been infected. (Copyright 2020 The Associated Press. All Rights Reserved.) The US Food and Drug Administration (FDA) has given emergency approval for use of the serological test developed by Swiss pharmaceutical giant Roche, the company announced on Sunday. The test is designed to determine whether a person has been exposed to the new...

This is how it happens that boats that were once worth tens of thousands of dollars are set adrift by owners who can no longer afford to pay slip fees. The increasing concentration of the ownership of wealth/assets in the top 10% has an under-appreciated consequence: when only the top 10% can afford to buy assets, that unleashes an almost karmic payback for the narrowing of ownership, a.k.a. soaring wealth and income inequality: assets crash. Most of you are aware...