The wealthiest people in one of the world’s wealthiest nations – Switzerland, have increased their assets by CHF60 billion over the past year. According to the latest edition of the German-language business magazine, Bilanz, the 300 richest residents of the country have assets totalling CHF674 billion. + Read why Switzerland is attractive to wealthy foreigners The richest family on the list remains IKEA’s...
Read More »Geopolitical Risk Highest “In Four Decades” – Gold Demand in Germany and Globally to Remain Robust
– Geopolitical risk highest “in four decades” should push gold higher – Citi – Elections, political and macroeconomic crises and war lead to gold investment – Political uncertainty in Germany means “gold likely to remain in good demand as a safe haven” say Commerzbank– “There has rarely been such political uncertainty in Germany at any time in the country’s post-war history” – Commerzbank – Reduce counter party risk:...
Read More »Addictions: Social Media & Mobile Phones Fall From Grace
Identifying social media and mobile phones as addictive is only the first step in a much more complex investigation. For everyone who remembers the Early Days of social media and mobile phones, it’s been quite a ride from My Space and awkward texting on tiny screens to the current alarm over the addictive nature of social media and mobile telephony. The emergence of withering criticism of Facebook and Google is a new...
Read More »Lessons from Squanto
Standing In Your Way Governments across the planet will go to any length to meddle in the lives and private affairs of their citizens. This is what our experiences and observations have shown. What gives? For one, politicians have an aversion to freedom and liberty. They want to control your behavior, choices, and decisions. What’s more, they want to use your money to do so. As this by now famous cartoon...
Read More »Great Graphic: Is that a Potential Head and Shoulders Pattern in the Euro?
Summary The euro is breaking out to the upside. The measuring objective is near $1.2150, which is near the 50% retracement of the euro’s drop from the mid-2014 high. Key caveat: It is about the upper Bollinger Band and rate differentials make it the most expensive to hold since the late 1990s. The head and shoulders pattern in technical analysis is most commonly seen as a reversal pattern. As this Great...
Read More »Les banques centrales demandent aux banques commerciales de créer la monnaie. La preuve. Vidéo Thinkerview
M Marc Luckx Ghisi, ancien conseiller de M Jacques Delors apporte la preuve que nous défendons depuis des années sur ce site: Les banques centrales ne créent pas de monnaie. Elles s’endettent auprès des banques commerciales! - Click to enlarge Cette entrée a été publiée dans Autres articles. Bookmarquez ce permalien. [embedded content] Related...
Read More »Les banques centrales demandent aux banques commerciales de créer la monnaie. La preuve.
M Marc Luckx Ghisi, ancien conseiller de M Jacques Delors apporte la preuve que nous défendons depuis des années sur ce site: Les banques centrales ne créent pas de monnaie. Elles s’endettent auprès des banques commerciales! - Click to enlarge Cette entrée a été publiée dans Autres articles. Bookmarquez ce permalien. [embedded content] Related...
Read More »Where an average Swiss household spends its income
© Bigpressphoto | Dreamstime - Click to enlarge A recent report from Switzerland Federal Statistical Office shows how an average Swiss household spends its income. In 2015, the mean income was CHF 9,946 per month, including all forms of income and any 13th month payment received at the end of the year. This means an average Swiss household of 2.17 people had CHF 119,352 coming in across the year. According to the...
Read More »Ne conservez pas votre or dans une banque. Egon Von Greyerz
Ne détenez pas d’or dans une banque suisse ou dans n’importe quelle autre banque. Nous voyons régulièrement des exemples dans des banques suisses de taille moyenne et de grande taille qui devraient fortement inquiéter les clients. En voici quelques-uns : Un client entrepose de l’or physique dans une banque, mais lorsqu’il souhaite le transférer vers des coffres privés, l’or n’y est plus et la banque doit s’en...
Read More »Durable Goods Only About Halfway To Real Reflation
Durable goods were boosted for a second month by the after-effects of Harvey and Irma. New orders excluding those from transportation industries rose 8.5% year-over-year in October 2017, a slight acceleration from the 6.5% average of the four previous months. Shipments of durable goods (ex transportation) also rose by 8% last month. US Core Durable Goods Orders, Jan 1993 - Jan 2017(see more posts on U.S. Core Durable...
Read More »