SNB & CHF

Since the end of the Cold War, the US has overthrown Haiti’s government three times. In 1991 to remove President Jean-Bertrand Aristide from power. In 1994 to put Aristide back in. In 2004 to remove Jean-Bertrand Aristide again, followed by an invasion of Marines. This, followed by a 15-year United Nations occupation of the country. 20,000 American troops would bolster that occupation after the 2011 earthquake.The multinational occupation of the country introduced...

Maybe he was born with it; maybe it’s amphetamine.  Iconic Maybelline slogan aside, the consensus is that Dark Brandon was doped nicely for his State of the Union address.We have been seeing signs that old Joe is medically prepped for major public appearances.  His shrill voice and barely suppressed rage is familiar to many of us who have elderly demented friends and relatives.  The man is suffering, no doubt.The Bidens have staked a claim on public welfare, via...

On Wednesday, the House is set to vote on a bill introduced by Rep. Mike Gallagher (R-WI) that would ban or force the sale of the social video-sharing app TikTok. The bill is based on concerns that the Chinese Communist Party effectively controls ByteDance, the app's parent company. Last Friday, President Joe Biden endorsed the legislation and promised to sign it into law if Congress passes it.The vote comes nearly a year after the RESTRICT Act, the last major...

Overview: We came into this week expecting the dollar to rise on the back of a recovery in rates. The two-year note has risen from 4.40% after the jobs report to 4.60%. The dollar's rise has been less impressive. The Dollar Index had begun with week with a six-day fall in tow. Today is it is rising for the third session. However, the gains have been a modest 0.80% off the pre-weekend lows. The dollar broadly is consolidating in narrow ranges thus far today in quiet...

One of the most dangerous things that a government can do is present a glossy picture of the economy at a time when families and small businesses are suffering. Governments are always optimistic, but sending euphoric messages tends to backfire, especially when the situation for the middle class is complicated.In the United States, the Biden administration’s message of “the strongest economy in decades” is not just an exaggeration; it may anger voters who suffer the...

This is a brief preview of our annual Gold Outlook Report. Every year we take an in-depth look at the market dynamics and drivers and finally, give our predictions for gold and silver prices over the coming year. Click here to download a free copy of the full Gold Outlook Report 2024. The talking heads are talking about recession, unemployment, and inflation. The same as they’ve always done, though now perhaps with a bit more urgency. Most people have...

Scottsdale, AZ – March 12, 2024 Monetary Metals has released its eighth annual Gold Outlook Report. The report features Monetary Metals’ award-winning economic analysis and their price forecasts for gold and silver in 2024.   The report makes a case against the mainstream notion that inflation continues to be the primary driver of the Federal Reserve’s interest rate policy. Instead, they provide mechanical analysis supported by decades of data that suggest the...

March 12, 1999, marked the launch of swissinfo.org. The news platform succeeded Swiss Radio International, which was gradually phased out. In this video from our archives, former Swiss Radio International/swissinfo Director Nicolas Lombard talks about the new challenges faced in 1999. 👉 https://www.swissinfo.ch/eng/culture/the-way-things-were_from-analogue-to-digital/44814880 --- swissinfo.ch is the international branch of the Swiss Broadcasting Corporation (SBC). Its role is to report on...

Many economic pundits predict that the United States and much of the world is either in a recession or about to enter one, depending upon one’s definition of the term “recession.” This brief essay is not intended to be a comprehensive explanation of what causes such economic cycles but rather the proper way to end them as quickly as possible.Disequilibrium in the Stages of ProductionA recession is merely the name for economic dislocations. The stages of production...

EUR/CHF touches 50-week SMA and recoils RSI on daily chart indicates possibility of a pullback.  Symmetrical Triangle has formed on 4-hour chart with breakout likely.  EUR/CHF has rebounded from the 0.9254 December 2023 lows and rallied up to resistance from a key barrier in the form of the 50-week Simple Moving Average (SMA). The pair is probably still in a long-term downtrend despite recent strength. Euro to Swiss Franc: Weekly chart The price has respected the...