SNB & CHF

People fleeing the war in Ukraine will be granted an S permit upon arrival in Switzerland. It's the first time this permit will be issued since its introduction in 1999. The protection status "S" was created following the Balkan conflicts in the 1990s but it was never used until now. It allows refugees to live and work in Switzerland for a year with an option to extend if necessary. Over 6,000 Ukrainians have registered with Swiss authorities since the outbreak of the war on...

Currently, 63 percent of American adults are on prescription drugs, according to a 2021 survey. Of this 63 percent of Americans, 26 percent say they have difficulty affording their prescriptions. Despite the prices of prescription drugs falling in recent years, an increasing number of Americans are concerned about high drug costs and demanding action be taken, 88 percent saying they want it to be easier for generic drugs to enter the market. The same percentage...

Big consumer brands are leaving Russia in droves but for many Swiss companies untangling ties isn’t that easy. Last week Swiss chocolate maker Lindt & Sprüngli joined a chorus of brands like McDonald’s closing shops and suspending deliveries to Russia after its invasion of Ukraine. The decision by Lindt & Sprüngli took some by surprise. The company’s CEO, Dieter Weisskopf, had said during its annual results call a day before, that it was planning to keep...

Securities lending as standard practice is incredibly complicated, and for many the process can be counterintuitive. With numerous different players contributing various pieces across a wide array of financial possibilities, not to mention the whole expanse of global geography, collateral for collateral swaps have gone largely unnoticed by even mainstream Economics and central banking. This despite the fact, yes, fact, securities lending was the epicenter of the 2008...

We do not like Purchasing Power or Real Effective Exchange Rate (REER) as measurement for currencies. For us, the trade balance decides if a currency is overvalued. Only the trade balance can express productivity gains, while the REER assumes constant productivity in comparison to trade partners. Who has read Michael Pettis, knows that a rising trade surplus may also be caused by a higher savings rate while the trade partners decided to spend more. This is partially...

We will let you know what we are doing once we know what we are doing was the message from the Federal Reserve statement and Chair Powell’s press conference that followed. The Fed, as widely expected did raise their short-term rate, known as the fed funds rate, by .25% to a range of 0.25% to 0.50%. This was the first increase since 2018. Along with the statement FOMC (Federal Open Market Committee) participants also released their Summary of Economic Projections....

Indien ist schon des Öfteren in die Schlagzeilen geraten, wenn es um Cryptocoins geht. Doch trotz zahlreicher Verbotsankündigungen und Restriktionen blieb der Markt bis jetzt offiziell unreguliert. Dies soll sich nun ändern, während die Regierung gleichzeitig eine digitale Version der nationalen Fiat-Währung angekündigt hat. Crypto News: Indien kündigt digitale Rupie für 2022/2023 anNeben Russland und China wird Indien damit zu den größeren Ländern gehören, die...

http://financialrepressionauthority.com/2022/03/17/the-roundtable-insight-charles-hugh-smith-on-the-great-awakening-vision/ Link to the Article on the alternative Great Reset - http://financialrepressionauthority.com/2022/03/08/the-great-awakening-an-alternative-great-reset-based-on-the-principles-of-the-austrian-school-of-economics

Swiss Franc The Euro has risen by 0.14% to 1.0387 EUR/CHF and USD/CHF, March 17(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The markets continue to digest the implications of yesterday’s Fed move and Beijing’s signals of more economic supportive efforts as the Bank of England’s move awaited. The US 5–10-year curve is straddling inversion and the 2-10 curve has flattened as the Fed moves from one horn of the...

Listen to the audio version of this article here. Here at Monetary Metals we love providing investors with A Yield on Gold, Paid in Gold®. So when we heard that German artist Niclas Castello designed a 186 kilogram pure 24-karat gold cube called the “Castello Cube” as an art installation in the middle of Central Park we couldn’t help but start doing a little math on Mr. Castello’s art piece. How Much is the Gold Cube Worth? Most people when they see the gold cube...