SNB & CHF

Submitted by Koos Jansen from BullionStar.com After years of gradually securing its official gold reserves (unwinding leases) the central bank of Austria claims to have completed the audits of its 224 tonnes of gold stored at the BOE. However, it refuses to publish the audit reports and the gold bar list. What could possibly be so sensitive to hide from public eyes? After the Germans had activated a program to...

What is the point of training people how to operate a nuclear reactor in a power plant that is about to close down? Swiss Public Television goes to Mühleberg to find out. (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: Website:...

The Swiss consumption indicator by UBS shows improvements. The indicator is still distant from the highs in 2012. At the time stronger growth in Emerging Markets and the weaker franc helped the Swiss economy. The UBS Consumption Indicator rose from 1.53 to 1.59 points in September. The positive trend continues and points to further growth in private consumption for the fourth quarter. The driving forces are new...

Today's Guest: Charles Hugh Smith Website: Of Two Minds Books: Why Our Status Quo Failed And Is Beyond Reform . Economic collapse and financial crisis is rising any moment. Getting informed about collapse and crisis may earn you, or prevent to lose money. Do you want to . The Entire Economic System Is One Big Illusion Charles Hugh Smith. Charles Hugh Smith 2016 The Entire Economic System Is One Big Illusion. Today's Guest: Charles Hugh Smith Website: Of Two Minds Books: Why Our Status...

Submitted by Jan Skoyles via GoldCore.com, Introduction  Cash is the new “barbarous relic” according to many central banks, regulators, and some economists and there is a strong, concerted push for the ‘cashless society’. Developments in recent days and weeks have highlighted the risks posed by the war on cash and the cashless society. The Presidential campaign has been dominated for months and again this week by the...

Swiss Franc After touching 1.08, which apparently the “new floor”, the SNB moved the EUR/CHF upwards yesterday and Monday. Today’s EUR recovery against USD, let also the EUR/CHF rise. EUR/CHF - Euro Swiss Franc, October 26(see more posts on EUR/CHF, ). - Click to enlarge FX Rates The US dollar’s upside momentum reversed in North America yesterday and has been sold in Asia and Europe. This seems like mostly...

It’s been really busy as of late to cover all of the topics I have wanted to address. One topic, in particular, is the bond market and the ongoing concerns of a “bond bubble” due to historically low interest rates in the U.S. and, by direct consequence, historically high bond prices. Bob Bryan, via Business Insider, recently penned the following note: “Bond yields are low. Historically low. Yields on government bonds...

The monetary debate seems artificially limited. On one side is Federal Reserve policy based on discretion. On the other is policy based on rules. It’s Keynes vs. Friedman. It’s central planning of our economy based on the reactive whims of wise monetary planners vs. central planning of our economy based on the proactive rules written by … wise monetary planners. On the rules side, there is a sub-debate. Should we have...

Swiss Franc EUR/CHF - Euro Swiss Franc, October 25 2016(see more posts on EUR/CHF, ). Source: Investing.com - Click to enlarge The pound had started the week looking more upbeat against the Swiss Franc but soon came under pressure just before Bank of England Governor Mark Carney met with a House of Lords committee about Brexit. There was a sudden 1% fall in the price of sterling in the minutes prior to the...

EUR/CHF The SNB might have been behind the jump from 1.08 towards 1.823 in the last two days. EUR/CHF - Euro Swiss Franc, October 25 2016(see more posts on EUR/CHF, ). Source: Investing.com - Click to enlarge GBP/CHF The pound had started the week looking more upbeat against the Swiss Franc but soon came under pressure just before Bank of England Governor Mark Carney met with a House of Lords committee about...