SNB & CHF

Last week, I went to a vision center to get my new eyeglass prescription filled. Because I wear progressive lenses with antireflective coating and do not have vision insurance, I anticipated that the out-of-pocket cost of the glasses would be quite high. When I entered the shop and stated my business, the manager immediately asked if I had vision insurance, and I responded that I did not. The manager consulted with a saleswoman and sent her to assist me in choosing...

Keith Weiner explains how leasing or lending your gold brings yields comparable to U.S. Treasuries while avoiding purchasing power losses inherent in owning U.S. Treasuries.

Overview: The rise in global interest rates continues. The US 10-year yield is a few basis points near 3.15% and European benchmarks are mostly 5-6 bp higher. Of note, the sharp sell-off in UK Gilts has being extended. Yesterday’s 10 bp rise has been followed by another 14 bp surge today. Italian bonds are also getting hit. The 10-year yield is up a little more than 10 bp. The US dollar is mostly firmer against the major currencies, though the yen and Australian...

Progressive Conservatism: How Republicans Will Become America’s Natural Governing Party by F.H. Buckley Encounter Books, 2022; 254 pp. Frank Buckley is always a thoughtful and provocative author, but I disagree with what he has to say in Progressive Conservatism more than with other books of his I’ve reviewed, such as his outstanding American Secession and Curiosity (see my review here). In the present book, he defends a “national conservatism” and is critical of...

Since 1935, Social Security has been synonymous with retirement. It was always intended to supplement retirement income, never be a person’s total retirement income. Unfortunately, according to the Center on Budget and Policy Priorities, about half of older Americans rely on Social Security for at least 50% of their income, and 25% of retirees rely on it for 90% of their income. That’s why more Americans are choosing to work longer. For decades, labor force...

Refined gold bars have their origins monitored, but purchase of raw materials for smelting can slip through the net. Keystone / Martin Ruetschi Swiss legislation is lagging behind in the fight against money laundering, and “seldom anticipates developments at international level”, the Swiss Federal Audit Office (SFAO) has warned. SFAO audits have “revealed weaknesses and, hence, financial and reputational risks for the Swiss authorities,” the office said in a report...

Das Weltwirtschaftsforum (WEF) wurde 1971 vor 51 Jahren gegründet. Es hat im Laufe der Jahrzehnte immer mehr an Bedeutung gewonnen und ist zu einer Plattform für futuristisches Denken und Planen geworden. Als Treffpunkt der globalen Elite bringt das WEF die führenden Persönlichkeiten aus Wirtschaft und Politik sowie einige wenige ausgewählte Intellektuelle zusammen. Analysiert man die sogenannten „Projektionen“ des Forums, scheint seine Hauptstoßrichtung die...

Zum Tagesende hat der BTC zwar wieder die Marke von 20K genommen, doch die Zahl der aktiven Nutzer im Netzwerk deutet auf eine Bärenphase hin, die sich noch stärker ausprägen könnte, sofern die Zahl der aktiven Nutzer weiter sinkt. Bitcoin News: Zahl aktiver Bitcoin-Nutzer deutet auf weitere Bärenphase hinGlassnodes hat die Daten analysiert. Die Anzahl aktiver Nutzer im BTC-Netzwerk ist in den letzten Wochen deutlich nach unten gegangen, nachdem sie seit Februar...

When an emerging market central bank goes off-balance sheet to fight currency depreciation it means the world's monetary shortage has entered the next, more dangerous phase. The Indian rupee is at record lows against the United States dollar. This is neither the fault of India nor a consequence of the United States. It's all about the eurodollar system. Welcome to Hades. ****EP. 282 REFERENCES**** Kicking and Screaming Into Deflationary Seas: https://bit.ly/3CHPFmg RealClear Markets...

The Crash Of A Lifetime Everything Has Fallen Jeff Snider | Treasury Bills #jeffsnider#treasurybills#economy#useconomy# DISCLAIMER : I am not a financial advisor. The ideas presented in this video are for entertainment purposes only. You (and only you) are responsible for the financial decisions that you make. This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public...