Tag Archives: newsletter

[embedded content] [embedded content] You Might Also Like SNB Sight Deposits: Inflation is there, CHF must Rise 2021-07-19 Sight Deposits have risen by +0.2 bn CHF, this means that the SNB is intervening and buying Euros and Dollars. RRP No Collateral Coincidences As Bills Quirk, Too 2021-07-12 So much going on this week in the bond market, it actually...

Can there be innovation in physical gold? Absolutely! In our increasingly digital reality, innovation in the material world may seem a bit passé, but not to Dr. Adam Trexler, founder and President of Valaurum. Valaurum produces the Aurum® – the smallest verifiable unit of gold for investment available on the market today. Adam joined Keith and John for an invigorating discussion on what the future of gold is going to look like. “We’re at the tip of the iceberg in...

In the “German Democratic Republic” they tell the story about a weary old man who tries to gain entrance into the Red Paradise. A Communist Archangel holds him up at the gate and severely cross-questions him: “Where were you born?” “In an ancient bishopric.” “What was your citizenship?” “Prussian.” “Who was your father?” “A wealthy lawyer.” “What was your faith?” “I converted to Christianity.” “Not very good. Married? Who was your wife?” “The daughter of an...

Am 30. Juli publiziert die Schweizerische Nationalbank (SNB) ihr provisorisches Finanzergebnis für das zweite Quartal 2021. Die SNB dürfte nach Berechnungen der UBS für diesen Zeitraum fast 5 Mrd. CHF und für das erste Halbjahr 2021 fast 45 Mrd. CHF Gewinn ausweisen. Das Eigenkapital der SNB betrug Ende März 221 Mrd. CHF und dürfte auch Mitte Jahr im selben Bereich liegen, denn der Gewinn im zweiten Quartal entspricht in etwa den Ausschüttungen an Bund und Kantone...

With digital payments picking up pace across the globe, social media giant Facebook is extending its payment services to online retailers. Shopify has become the first e-commerce platform to sign up for Facebook Pay. This will allow Shopify merchants to offer Facebook Pay as a payment option during checkout, eliminating the need to re-enter payment information for every transaction. Prior to this, Facebook Pay, which was launched in 2019, was available for its main...

Swiss Franc The Euro has fallen by 0.18% to 1.0837 EUR/CHF and USD/CHF, July 21(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: The biggest rally in US equities in four months has helped stabilize global shares today. In the Asia Pacific region, Japan, China, and Australian markets advanced. Led by information technology and consumer discretionary sectors, Europe’s Dow Jones Stoxx 600 is up around 1.35% near the...

Farmers are now getting lower prices for their crop even though a living wage premium was introduced. Keystone / Legnan Koula Farmers in Ivory Coast – the world’s largest cocoa-producing nation – are getting less for their cocoa despite the introduction of a payment that aims to secure them a living wage. The West African nation of Ivory Coast accounts for around 45% of the world’s cocoa production that brings in export revenue of $3.5 billion (CHF3.2 billion) a...

Back on February 23, Federal Reserve Chairman Jay Powell stopped by (in a virtual, Zoom sense) the Senate Banking Committee to testify as required by law. In the Q&A portion, he was asked the following by Montana’s Senator Steve Daines: SENATOR DAINES. I just was looking at the T bill chart and noticing since the 1st of February, the one month rates have dropped in half from 0.06 to today 0.03, two months went from 0.07, to 0.02. We’re starting to get into that...

So go ahead and say whatever you want around all your networked devices, but don’t be surprised if bad things start happening. I received another “Our Terms Have Changed” email from a Big Tech quasi-monopoly, and for a change I actually read this one. It was a revelation on multiple fronts. I’m reprinting it here for your reading pleasure: We wanted to let you know that we recently updated our Conditions of Use. What hasn’t changed: Your use constitutes your...

Now and then, it pays to take a step back to get a broader perspective on things, to look beyond the daily financial news, to see through the short-term ups and downs in the market to find out what is really at the heart of the matter. If we do that, we will not miss the fact that we are living in the age of fiat currencies, a world in which basically everything bears their fingerprints: the economic and financial system, politics—even people’s cultural norms,...