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SNB & CHF

Claudio Grass – The Movement Is Spreading World Wide, The Great Awakening, The [DS] Has Failed

Claudio begins his discussion with the pandemic, the people are waking up and they are now seeing that the criminals lied to them. The war is a show and as the economy implodes on itself the people understand that its not Putin fault, it is the criminal politicians that are causing the problem. Claudio says that more and more people are waking up. The movement is spreading world wide. All source links to the report can be found on the x22report.com site. If you want...

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The importance of being modest

It can be argued that the world has reach the sorry state it’s in today largely because academics, politicians and “distinguished experts” or “recognized authorities” did not have the humility to admit their own mistakes, or to at least recognize the limits of their knowledge. Of course, this is far from a new affliction in our societies and political systems. Hubris was one among the most terrible sins that the ancient Greeks warned against and there have...

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Buying in USTs is split by the time of the day: foreigners buy heavily then Americans sell. Why?

Treasury trading today (11/1) was another perfect example of the insanity gripping the marketplace. Americans are more afraid of the Fed and its rate hikes which are based on psychology not economy, so they sell Treasuries. Meanwhile, foreigners can't get enough of them, increasingly afraid of the actual economy and what *more* the dollar will do to it. Eurodollar University's Money & Macro Analysis Twitter: https://twitter.com/JeffSnider_AIP https://www.eurodollar.university...

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DOGE verdoppelt seinen Wert dank Elon Musk

Es ging wieder nach oben für den Meme-Coin. Der DOGE konnte diese Woche seinen Wert mehr als verdoppeln, in den letzten 24 Stunden gab es immerhin noch ein Plus von 16 Prozent. Und es war wieder einmal Elon Musk, der damit etwas zu tun hatte. Crypto News: DOGE verdoppelt seinen Wert dank Elon MuskDie Twitter-Übernahme am Freitag sorgte bereits für eine gewisse Erwartungshaltung. Alles, was fehlte, war ein Tweet von Musk, um eine Dogecoin Rallye auszulösen – und genau...

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RBA Hikes by 25 bp, Chinese Stocks Surge, and the Greenback Trades Heavier

Overview: Risk appetites have returned today. Bonds and stocks are advancing, while the dollar is better offered. Unsourced claims that Beijing has formed a committee to assess how to exit the zero-Covid policy sent Chinese shares sharply higher. An index of mainland companies list in Hong Kong jumped nearly 7% and closed up almost 5.5%. The Hang Seng surged 5.2%, while all the large markets in the region advanced. Europe’s Stoxx 600 recovered yesterday and is up...

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Let’s Talk: polar research and our struggling planet

Some may question the value of polar research when there are other problems closer to home. But what is happening in these remote regions has a knock-on effect all over the globe. SWI swissinfo.ch invited two Swiss-based scientists to discuss their experiences – including working on the sea ice and examining the largest glacier outside the north and south poles. Julia Schmale is a professor and head of the Extreme Environments Research Laboratory at the Swiss Federal Institute of...

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Can the Dollar Once Again Be Anchored by Gold? One Congressman Believes It Can

Sorry, I've looked everywhere but I can't find the page you're looking for. If you follow the link from another website, I may have removed or renamed the page some time ago. You may want to try searching for the page: Search Searching for the terms %3Futm+source%3Drss%26utm+medium%3Drss%26utm+campaign%3Dpolleit+dollar+again+anchored+gold+one+congressman+believes ...

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Credit Suisse to cut 540 jobs in Switzerland by 2023

The embattled Swiss bank Credit Suisse plans to shed 540 jobs in Switzerland by the end of the year, Chief Executive Officer Ulrich Körner told the NZZ am Sonntag newspaper. In the interview he gave more details on last week’s restructuring announcement. “We will cut 2,700 jobs worldwide, including 20% in Switzerland, by the end of the fourth quarter of 2022,” Körner told the NZZ am Sonntag newspaper on October 30. On Thursday the bank unveiled major...

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No price rises for Swiss public transport in 2023

© Hai Huy Ton That | Dreamstime.com For the seventh consecutive year, the price of tickets on Swiss public transport will remain unchanged. It will also become easier to buy tickets for bicycles and canine companions, reported RTS. News of no price increases is likely to be welcomed given the relatively high price of Swiss public transport. A survey several years ago put the cost of travelling 100km on public transport in Switzerland at CHF 52, far above France (CHF...

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Move over yen, PBOC’s desperate commercial-led rescue a dismal failure as yuan strikes new low. Why?

You can't understand what these currencies are doing or why their simultaneously crashing matters from the badly outdated, horribly ill-conceived mainstream Economics approach. It starts with what a reserve currency is and is supposed to do; and that isn't pricing oil. China is suffering a massive dollar problem - which means it is our problem, too. CNY DOWN = BAD applies to all of us. Eurodollar University's Money & Macro Analysis Twitter: https://twitter.com/JeffSnider_AIP...

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