Via The Saker blog, By Aleksandr Khaldey Translated by Ollie Richardson and Angelina Siard cross posted with https://www.stalkerzone.org/basel-3-a-revolution-that-once-again-no-one-noticed/ source: http://www.iarex.ru/articles/65626.html Real revolutions are taking place not on squares, but in the quiet of offices, and that’s why nobody noticed the world revolution that took place on March 29th 2019. Only a small wave...
Read More »Here’s What It’s Like To Be a Bear in a Rigged Market
Central bankers and media handlers must be laughing at how easy it is to slaughter the Bears and doubters with another fake-news round of trade-deal rumors and another Fed parrot being prompted to repeat some dovish mumbo-jumbo. It’s not just tough being a Bear in a market rigged by trade deal rumors, Federal Reserve dovishness, a tsunami of Chinese liquidity and $270 billion in stock buy-backs in the first quarter–it’s...
Read More »FX Daily, April 10: Be Careful What You Wish For
Swiss Franc The Euro has risen by 0.15% at 1.1276 EUR/CHF and USD/CHF, April 10(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates There were only a few formal disputes under NAFTA 1.0. It says more about the adjudication process than the underlying issues. It was not binding. The Democrats want stronger enforcement provisions in what the NAFTA 2.0. It is understandable. Still,...
Read More »Towards A Globalist Utopia: “Negative Rates Are Coming, Whether You Like It Or Not”
There is nothing that a human mind can’t conceive. It can shoot for the stars or dive in the ocean which twinkles in the shadows of stars and ascend back with sparkling mind bearing uncanny ambition only to float contended. Today, we live in fear of losing wealth, we worry what economic consequences would do to our cash, we look through a microscope and scrutinize every word, every policy, every regulation or find...
Read More »Ailing fintech Monetas goes into liquidation again
Johann Gevers was an early pioneer of the Swiss blockchain scene with his payments firm Monetas. Bankruptcy proceedings have been reignited against troubled Swiss digital payments company Monetas more than a year after the enterprise hit serious financial difficulties. Efforts to find a new buyer appear to have come to nothing as the firm goes into liquidation. An entry in the Swiss commercial registerexternal link...
Read More »Transport costs have increased by 4 percent within five years
08.04.2019 – In 2015, transport in Switzerland generated economic costs of around CHF 90 billion. This was 4% more than in 2010. Aviation (+14%) and rail transport (+12%) recorded the largest increases. In comparison, costs for motorised road transport remained rather stable (+2%) and accounted for four fifths of the total transport costs. None of the various transport user groups fully funded the generated costs...
Read More »West Virginia Joins Growing Sound Money Movement – Six Other States Now Weighing Their Own Bills to End Taxes on Gold & Silver
Before the ink could even dry on West Virginia Governor Jim Justice’s signature on a repeal of sales taxation on gold, silver, platinum, and palladium bullion and coins, legislators in Wisconsin and Maine introduced similar measures in their own states. All told, 39 states have now reduced or eliminated sales taxes on the monetary metals, and Wisconsin, Maine, Kansas, Arkansas, Minnesota, and Tennessee are all actively...
Read More »Trade Deal Follies: The U.S. Has Embraced the World’s Worst Negotiating Tactics
The world’s worst negotiating strategy is to make a crazy tulip-bubble stock market rally dependent on a trade deal that harms the interests of the U.S. The world’s worst negotiating tactics, the equivalent of handing the other side a loaded gun while waving a squirt gun around, are: 1. Declare a de facto political deadline for a deal. Constantly tweet that a deal is imminent. This gives the other side unparalleled...
Read More »What Causes Loss of Purchasing Power, Report 7 Apr
We have written much about the notion of inflation. We don’t want to rehash our many previous points, but to look at the idea of purchasing power from a new angle. Purchasing power is assumed to be intrinsic to the currency. We have said that the problem with the word inflation is that it treats two different phenomena as if they are the same. One is the presumed effect of rising quantity of dollars. The other is the...
Read More »FX Daily, April 09: Is the USMCA Dead?
Swiss Franc The Euro has risen by 0.18% at 1.1264 EUR/CHF and USD/CHF, April 09(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The heads of state may have agreed on the modernization of NAFTA, but the necessary legislative approval may not be forthcoming this year. The US legislative process has been complicated by the fact that the Democrats secured a majority in the...
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