SNB & CHF

Swiss Franc EUR/CHF - Euro Swiss Franc, January 12(see more posts on EUR/CHF, ) - Click to enlarge If you are buying or selling the Swiss Franc the next week is vital to expectations. The pending Supreme court case will shape the next twist and turns of Brexit which in turn will of course affect the pound and also risk sentiments. I expect GBPCHF could easily slip below 1.20 if the Court Case is rejected, this...

Summary: All of China’s capital outflows are not capital flight fleeing. Capital controls limiting outflows can be tightened. Paying down dollar loans, a major source of capital outflows, is not an infinite process. News that China’s reserves approached $3 trillion at the end of the last year has spurred expressions of concern. Its reserves have fallen by roughly $1 trillion since peaking mid-2014. The irony...

It is difficult to say exactly how, or when, the next collapse will be triggered, but, as SHTFPlan.com’s Mac Slavo notes, of course all the conditions are ripe for it. What can be certain is that the technocrats intent on controlling the future are already engineering the post-collapse society. Many of the Davos elite have been pushing “universal basic income” for all countries across the globe, and are leading...

A Difference of Opinions In his various writings, Murray Rothbard argued that in a free market economy that operates on a gold standard, the creation of credit that is not fully backed up by gold (fractional-reserve banking) sets in motion the menace of the boom-bust cycle. In his The Case for 100 Percent Gold Dollar Rothbard wrote: I therefore advocate as the soundest monetary system and the only one fully compatible...

For over four decades, many of the planet’s biggest trouble makers and assholes have met each year in Davos, Switzerland, for the World Economic Forum with the humble mission of, “Improving the state of the world.” Each year since 1978, the Federal Reserve Bank of Kansas City has sponsored a symposium in Jackson Hole on an important issue facing the world’s bankers and their pet politicians and government bureaucrats....

Swiss Franc EUR/CHF - Euro Swiss Franc, January 11 (see more posts on EUR/CHF, ) - Click to enlarge The pound has seen a sharp fall following the interview that Theresa May gave with Sky news on Sunday although there has been a small rebound this afternoon. GBP CHF exchange rates are hovering around 1.2350 for this pair. The pound fell sharply in morning trade but has since recovered as there still remains a...

A futuristic Swiss Metro project put on hold in 2009 is now being revived. It will link conurbations and transport hubs underground with high-speed trains. (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: http://www.swissinfo.ch...

It’s a decade since the iPhone was launched and at least four Swiss companies have reason to celebrate the success that changed the mobile phone landscape. (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: http://www.swissinfo.ch...

Prince, RIP, owned gold bars worth just over $800,000 according to the statement filed in a Minnesota court last Friday. At the time of his death, Prince had taken delivery of and had in his possession 67 gold bars, 10 ounce gold bars, valued at $836,166.70. That’s according to an asset inventory compiled by Bremer Trust released by the Carver County District Court, as first reported by the Minneapolis Star Tribune....

See the introduction and the video for the terms gold basis, co-basis, backwardation and contango.   Supply-Demand Fundamentals Improve Noticeably Last week was another short week, due to the New Year holiday. We look forward to getting back to our regularly scheduled market action. Photo via thedailycoin.org - Click to enlarge Gold and Silver Prices The prices of both metals moved up again this week. Something very...