SNB & CHF

Before we talk about Fedcoins, let’s look at the old school non-digital, non-blockchain, coin. Gold. And silver. Since January 4, the price has dropped about $244. And the price of silver has fallen about $4. Are these buying opportunities? Or the end of the brief gold bull market of 2020 (i.e. Covid)? It helps to return to the idea that gold is the unit of measure of value. Not as a rhetorical device to sell gold, but because it gives a clearer picture. If one...

Swiss Franc The Euro has fallen by 0.09% to 1.1083 EUR/CHF and USD/CHF, March 8(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The attack on Saudi Arabia’s largest crude terminal reverberated through the capital markets, where sentiment was already fragile, despite the lack of disruption. Brent rose to nearly $71.40, and April WTI to almost $68 extended their gains for the fourth consecutive session before...

8. März 2021 – Jordan Peterson ist zurück, und die wichtigste Lektion aus seinem Buch bleibt so wichtig wie eh und je. von John Miltimore Vor fast zwei Jahren kauften Freunde für mich ein Exemplar des Bestsellers 12 Regeln fürs Leben von Jordan Peterson. Ich begann mit dem Lesen des Buches kurz nachdem ich es erhalten hatte, aber irgendwann wurde ich abgelenkt und las es nicht mehr fertig. (Das ist mir früher nie passiert, aber die Erziehung von drei Kindern hat...

The economic analysis of repudiation applies to the debt of all levels of government and to all countries. The central question is not how big the government is or how much it owes, but rather whether the debt is funded by taxes. Original Article: “The Economics and Ethics of Government Default, Part II” In the first installment of this series on government default, we examined the ethical status of the public debt and debt repudiation. Since the debt represents...

Those looking up from their “free fish!” frolicking will see the tsunami too late to save themselves. It’s an amazing sight to see the water recede from the bay, and watch the crowd frolic in the shallows, scooping up the flopping fish. In this case, the crowd doing the “so easy to catch, why not grab as much as we can?” scooping is frontrunning inflation, the universally expected result of the Great Reflation Trade. You know the Great Reflation Trade: the world...

5. März 2021 – Nachfolgend finden Sie die Einleitung des Aufsatzes „Die ökonomischen Effekte der Pandemie: Eine Österreichische Analyse“ von Jesús Huerta de Soto. Den Text in voller Länge können Sie hier herunterladen. [Aus dem Spanischen übersetzt von Philipp Bagus.]  ***** Einleitung: Wiederkehrende Boom- und Bust-Zyklen versus einmalige Krisen aufgrund außergewöhnlicher Phänomene Traditionell haben die Theoretiker der Österreichischen Schule den wiederkehrenden...

The government wants to retain control of weapons exports in connection with peace-keeping missions. © Keystone / Christian Beutler The Swiss government has rejected calls to allow voters and cantons to set conditions for weapons exports. A people’s initiative collected enough signatures in 2019 to force a nationwide vote on the issue. It proposes enshrining rules for war materiel exports in the constitution, which would take this responsibility away from the...

The GameStop saga—can we call it an insurrection?—wants easy heroes and villains. Both are available. The populist version of the story goes like this: a few thousand angry gamers, colluding via the now infamous WallStreetBets subreddit, brought at least one powerful hedge fund to its knees. Melvin Capital and other short sellers, completely blindsided, lost a reported $5 billion in what must have seemed like a sure-bet opportunity for their model of vulture...

VIDEO: 53 Minutes with 37 Supporting Slides FREE NEWSLETTER SIGNUP FOR LIVE CHARTS & RESEARCH FOLLOW-UP TO THIS VIDEO plus VIDEO NOTIFICATION SIGN-UP: http://bit.ly/2y63PvX-Sign-Up VIDEO ABSTRACT: 1- Too Busy Frontrunning Inflation, Nobody Sees the Deflationary Tsunami March 8, 2021 https://www.oftwominds.com/blogmar21/deflationary-tsunami3-21.html 2- The "Wait and See" Economy's Moment of Truth March 9, 2021...

© Tetiana Soares | Dreamstime.com A recent parliamentary vote on whether to issue a formal request to the Federal Council, Switzerland’s executive, to reopen restaurants on 22 March 2021, found a majority of 97 to 90, according to Le Matin. The main parties supporting the demand were the Swiss People’s Party (UDC/SVP) and the PLR (FDP). The Socialist and Green parties were against it. The formal demand to the Federal Council stipulates: Increased testing and...