SNB & CHF

Air Date: November 18, 2017 Ross Clark – Stock Markets and Gold email: [email protected] Bill Bonner – Will The Dow Top 40 Thousand? US Fed, Cyrptocurrenies Guest's website: https://bonnerandpartners.com/ Robert Campbell – For the First Time Real Estate, Stocks and Bonds are all Going Up Together Guest's website: https://www.realestatetiming.com/ Larry Reaugh, President & CEO of American Manganese on Company Showcase – American Manganese Now Getting Mainstream News Coverage....

Summary Moody’s raised India’s sovereign debt rating for the first time since 2004 by a notch to Baa2. Nigerian officials are on a global roadshow to support plans to issue its longest-dated Eurobonds ever The head of South Africa’s budget office resigned. President Robert Mugabe was placed under house arrest by the Zimbabwe military. Turkey’s central bank will introduce FX hedges for domestic companies with FX...

Deepening Crisis In Hyper-inflationary Venezuela and Zimbabwe – Real inflation in Zimbabwe is 313 percent annually and 112 percent on a monthly basis – Venezuela’s new 100,000-bolivar note is worth less oday thehan USD 2.50 – Maduro announces plans to eliminate all physical cash – Gold rises in response to ongoing crises One Hundred Trillion Dollars Zimbabwe - Click to enlarge A military coup-de-grace in Zimbabwe...

The HSBC settlement brings an end to the French tax dispute. (AP) - Click to enlarge With a payment of €300 million (CHF350 million), the Swiss subsidiary of British bank HSBC has settled its tax fraud dispute with the French authorities. Investigations by the French government revealed that many French taxpayers had hidden their assets with help from HSBC’s private bank. However, HSBC Switzerlandexternal...

As a natural progression from the analysis of one historical bond “bubble” to the latest, it’s statements like the one below that ironically help it continue. One primary manifestation of low Treasury rates is the deepening mistrust constantly fomented in markets by the media equivalent of the boy who cries recovery. That narrative “has ruffled a few feathers,” BMO Capital Markets strategists Ian Lyngen and Aaron Kohli...

Incrementum Advisory Board Meeting Q4 2017 –  Special Guest Ben Hunt, Author and Editor of Epsilon Theory The quarterly meeting of the Incrementum Fund’s Advisory Board took place on October 10 and we had the great pleasure to be joined by special guest Ben Hunt this time, who is probably known to many of our readers as the main author and editor of Epsilon Theory. He is also chief risk officer at investment management...

Exactly how machines replacing human labour will affect the future job market remains unknown. But manufacturing making a comeback in Switzerland is one unexpected and welcome consequence. (SRF, swissinfo.ch) --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on Switzerland and to provide a Swiss perspective on international events. For more articles, interviews and videos visit swissinfo.ch or subscribe to our YouTube channel:...

Swiss Franc The Euro has fallen by 0.09% to 1.1686 CHF. EUR/CHF and USD/CHF, November 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar is trading with a heavier bias against the euro, sterling, and yen, but is firmer against the Antipodean currencies and many of the actively traded emerging market currencies. This mixed performance is the story of the...

Dufry, which handles about one-quarter of the world's duty-free goods business, is based in Basel (Keystone) - Click to enlarge Switzerland’s federal prosecutor’s office is handling a request for mutual assistance in an investigation involving the Basel-based duty-free group Dufry. The request was sent by the government of Mauritius, which according to reports in two Swiss newspapers is looking into the...

Since 2000, average wealth per adult in Switzerland has risen by 130%, largely due to the appreciation of the Swiss franc against the US dollar (Keystone) The average fortune of a Swiss adult is $537,600 (CHF528,000), according to the 2017 Credit Suisse Global Wealth Report. Switzerland continues to top the Credit Suisse global list for wealth per adult, followed by Australia ($402,600), the United States ($388,600)...