Tag Archives: Featured

A World Wildlife Fund (WWF) survey published on Monday has found that the majority of people in Switzerland are considering shopping less, and young people are particularly likely to take a critical look at their buying behaviour. The Swiss consume “as if there is no tomorrow”: they fly twice as frequently as their neighbours, buy the heaviest cars in Europe, and produce more waste per capita than in any other nation...

Swiss Franc The Euro has fallen by 0.03% to 1.1858 CHF. EUR/CHf and USD/CHF, April 13(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates It had looked to many investors that world was headed for a trade war and an escalating risk war in Syria. But now it seems less clear. US President Trump’s rhetoric on trade took a more constructive tone, and a divided Administration...

Today is the fifth consecutive session that the Australian dollar has weakened against the New Zealand dollar. It has now fallen to test a three-year old trendline that we show on the Great Graphic, composed on Bloomberg. The last leg down in the Aussie actually began last October, and through today’s low, it is off by a little more than 7%. In fairness, it has really been in a broad range fro several years, roughly...

Following news coverage of the charging of five precious metals traders and three banks in January, Commodities Futures Trading Commission and Department of Justice documents reveal a global criminal cabal of 16 traders operating in at least four major financial institutions between 2008 and 2015 to defraud COMEX gold and silver futures markets. Of the many examples published, one reveals a UBS AG precious metals...

Les crises permanentes du marché financier ont permis, aux banques centrales qui comptent, de justifier des programmes communs de quantitative easing.  Cela consiste en une transformation de la monnaie bancaire scripturale en centrale, passée en mains des banques centrales. Ainsi, celles-ci offrent au marché de la haute finance un socle monétaire garanti par le contribuable, le citoyen, l’épargnant et le retraité....

Cross-border workers are tired of being the target of political attacks in Geneva, says the president of a French-Swiss cross-border lobby group, who calls for a change in current rhetoric to prevent future damage to the Swiss economy. For Michel Charrat, president of the Groupement transfrontalier européenexternal link, disenchantment between Geneva and its cross-border workers may be at its lowest point. The lobby...

Swiss Franc The Euro has risen by 0.18% to 1.186 CHF. EUR/CHF and USD/CHF, April 12(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates The US dollar steadied at lower levels, while equities eased as investors remain focused on the preparations to strike Syria and still tense rhetoric on trade. Reports indicate that the US and France have moved warships into the area and...

The Global Community is Unhappy With the Monetary System, Change is Coming Our friend Claudio Grass of Precious Metal Advisory Switzerland was recently interviewed by the X22 Report on cryptocurrencies and gold. He offers interesting perspectives on cryptocurrencies, bringing them into context with Hayek’s idea of the denationalization of money. The connection is that they have originated in the market and exist in a...

In early 2015, a contract dispute between dockworkers’ unions and 29 ports on the West Coast of the US escalated into what was a slowdown strike. Cargoes piled up especially at some of the largest facilities like those in Oakland, LA, and Long Beach, threatening substantial economic costs far and away from just those directly involved. Each side predictably blamed the other for it. Management’s view: The ILWU has...

Nous avertissons depuis quelques années sur les risques de récession. La déflation de la BNS qui s’est installée en 2011 en était un indicateur avancé. Le risque d’un effondrement global de l’économie ne peut être exclu pour les temps à venir. - Click to enlarge Les indicateurs monétaires clés des États-Unis, de l’Europe, du Japon et de la Chine sont en train de clignoter, un ralentissement économique au cours...