Tag Archives: leverage

INTERVIEW WITH KEITH WEINER June has been an interesting month for gold, as geopolitical events, market fluctuations and developments on the monetary policy front fueled an exciting ride for the precious metal. As long-term investors with a strict focus on the big picture, short-term moves and speculative angles are largely irrelevant in and of themselves, but they do provide important signals that, without fail,...

INTERVIEW WITH KEITH WEINER June has been an interesting month for gold, as geopolitical events, market fluctuations and developments on the monetary policy front fueled an exciting ride for the precious metal. As long-term investors with a strict focus on the big picture, short-term moves and speculative angles are largely irrelevant in and of themselves, but they do provide important signals that, without fail, confirm the strategic superiority of precious metals holdings in this...

In the New York Times, Greg Mankiw applauds the tax reform plan discussed in Congress. He emphasizes four points: The reform would move the US tax system toward international norms, from worldwide to territorial taxation. It would move the system from income towards less distorting consumption taxation, by allowing businesses to deduct investment spending immediately. The reform would change the origin-based into a destination-based system (taxing imports and exempting exports, a.k.a....

They have been increased. The illustration is taken from Finanz und Wirtschaft. Report by Hansueli Schöchli in the NZZ.

Each week we will publish the best articles by Marc Meyer, one of the most critical voices against the SNB.This post explains 3 points: That the SNB does not understand what assets and liabilities are – and due to this misunderstanding – it speculates with massive leverage. The difference between good and bad deflation, and that Switzerland has good deflation. That both the SNB and the Swiss government do what some Swiss exporters want. Therefore, the formerly admired central bank...