SNB & CHF

There was a big drop in the price of silver last Wednesday. Then the price moved up, and down, but mostly up. Let’s look at a graph of the silver price and basis showing Sep 30 through Oct 5, with intraday resolution. Let’s take a look: It’s remarkable how the basis tracks the price, until Oct 5. When basis tracks price, this means the action is primarily in the futures market. At times when the price is rising, the basis is rising—which simply means that the spread...

Thikra Mohammed Nader, a Baghdad native who worked there as a journalist for a quarter century, fled to Switzerland in 2006. Decades ago, she was honoured by the Iraqi government for her work and was one of the first journalists on the ground of the Iran-Iraq war in 1980. But throughout her career and especially following the arrival of American troops in Iraq in 2003, she was targeted and threatened for her writing which contained ideas that ran counter to the agenda of the ruling regime...

Swiss Franc The Euro has fallen by 0.06% to 1.0776 EUR/CHF and USD/CHF, October 06(see more posts on EUR/CHF, USD/CHF, ) Source: investing.com - Click to enlarge FX Rates Overview: Market moves have stalled. The MSCI Asia Pacific Index did manage to extend Monday’s gains, but other markets are heavier. Europe’s Dow Jones Stoxx 600 is snapping a three-day advance. The communications sector is the sole standout, though financials and energy are little changed....

In wenigen Tagen wird im Kanton Aargau, aber auch in anderen Kantonen, das Kantonsparlament und die Kantonsregierung gewählt. Der Wahlkampf ist eher flau. Vielleicht weil es daran liegt, dass das grösste Thema einfach totgeschwiegen wird: Corona wird bei keiner Partei auch nur schon erwähnt (und wenn doch, bitte zeigen Sie’s mir!). Wieso? Haben alle Parteien Angst vor einer eigenen Meinung? Angst vor einer Verteufelung, wie es die Medien schon an anderen Orten...

© Roland Van Der Meeren | Dreamstime.com Demand for second homes has risen since restrictions related to coronavirus were loosened, according to real estate company Wüest Partner. The option of remote working appears to be encouraging some to trade time in central city locations for more time in Alpine resorts, the countryside, commuter regions and smaller cities. The prices of second homes have risen 3.6% over the last 12 months, according to firm. Demand for...

The BLS’s payroll report draws most of the mainstream attention, with the exception of the unemployment rate (especially these days). The government designates the former as the Current Employment Statistics (CES) series, and it intends to measure factors like payrolls (obviously), wages, and earnings from the perspective of the employers, or establishments. The Establishment Survey. Its cousin is called the Household Survey, or CPS, the Current Population Survey,...

Bob reads from an article recently tweeted out by the NEA, which calls for an end to schooling as we know it in order to promote anti-racism. He then discusses what the Fed has been up to since the coronavirus panic began. Mentioned in the Episode and Other Links of Interest: The YouTube version of this episode (with lots of visuals). Karlyn Borysenko’s YouTube episode on the NEA tweet. Jamilah Pitts’ article on school transformation. Fed article talking about...

Giving gold a yield....how is this possible? And why? In this presentation, Monetary Metals' CEO Keith Weiner covers Keynes, Buffett, inflation, and how some economists are trying to manage GDP through the money supply. And - of course - how investors can earn interest on their gold & silver investments.

Ex-Twitter CEO wants Anti-Capitalist Revolution? Dick Costollo said, "Me-first capitalists who think you can separate society from business are going to be the first people lined up against the wall and shot in the revolution. I'll happily provide video commentary." Jeff Snider explains the historical context of Marxist agitation against Capitalism. Jeff Snider, Head of Global Investment Research for Alhambra Investments with Emil Kalinowski, owner of many red (hardcover) books....

VIDEO: 43 Minutes with 36 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: Available the Week of 10-05-20 NEWSLETTER-1: Available 10-09-20 NEWSLETTER-2: Available 10-12-20 NOTE: THIS IS NOT AN INTERVIEW BUT RATHER AN ONGOING MONTHLY EXCHANGE BETWEEN CHARLES AND GORDON WHICH IS MADE AVAILABLE TO THE PUBLIC AS A PUBLIC SERVICE. Thank you to all Macro...