SNB & CHF

Sixteen percent of people in Switzerland over the age of 65 are classified as poor. That’s according to the pensioner’s group Pro Senectute, and the recently-published Global AgeWatch Index, which draws on data from the United Nations, the World Bank, the International Labour Organization and the Gallup World Poll. This is despite that fact that the alpine country has the third highest gross national income per capita in the world. All retired people get a state pension and many also...

The prices of the metals dropped by 20 bucks and 20 pennies this week. In other words, the dollar went up ½ milligram gold or 30 mg silver. It wasn’t the euro, which ended the week unchanged. It wasn’t the US stock market, which ended up seven bucks. What was it? To answer this, we are reminded of a curious panel at the London Bullion Market Association conference a few weeks ago in Vienna. One of the panelists said “it’s hard to predict the price.” It seemed a lot like saying it’s hard to...

GoldSeek Radio's Chris Waltzek talks to Charles Hugh Smith from Of Two Minds http://www.oftwominds.com/blog.html http://www.goldseek.com/ http://radio.goldseek.com/

Credit has been expanding in America for years. When the credit bubble blows up then credit disappears. This change has deep implications for America and everyone living in America.

Credit has been expanding in America for years. When the credit bubble blows up then credit disappears. This change has deep implications for America and everyone living in America.

Classic Swiss children’s book Schellenursli, “A Bell for Ursli”, is being turned into a film. swissinfo.ch spent a day on set. (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 Channel:...

Fribourg’s 116-year-old funicular is powered by waste water. The smelly transport sparks curiosity among tourists and pride among ecologically-minded locals. (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...

Switzerland has been hosting the European Cyber Security Challenge final. swissinfo.ch went along to find out what it takes to become a top legal hacker. (Michele Andina, 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:...

Many people agree that it’s important to move to a free market in money (i.e. the gold standard). They also say that it’s just as important to fight bad taxes and regulation. In their view, government interference in the economy is like friction in a car. The more friction you add, the slower the car goes. One source of friction is much the same as any other. Let me explain why it doesn’t quite work that way, using a few examples. Suppose the government imposes an expensive tax on employers...

In the latest Taxi Talk episode, we take a tour of the Big Apple with Brown Brothers Harriman’s Marc Chandler to get a feel for the major macro matters at play in today's markets. MORE AT: http://bit.ly/1We6RQJ