Tag Archives: newsletter

© Xantana | Dreamstime.com On 14 October 2020, the Federal Office of Public Health (FOPH) reported 2,823 new cases of SARS-CoV-2 infection over 24 hours, a record number. In addition, FOPH reported 57 new Covid-19 hospital admissions and a further 8 deaths. When the FOPH receives test data it assigns each reported positive test to the day when the test was conducted. Because of reporting delays, most positive cases reported on any given day will be allocated to days...

Parts of the Swiss economy that depend on global demand, such as international tourism, still face a tough time Keystone Swiss economic output will shrink by 3.8% this year, a less bad coronavirus-triggered slump than previously expected, the State Secretariat for Economic Affairs (SECO) said on Monday. The latest SECO forecast was an improvement from its June outlook, when it said it expected Swiss gross domestic product (GDP) would fall by 6.2% this year, the worst...

Covid has exposed how easy it is for government to weaponize healthcare. How long will the doctor-patient relationship remain sacred? This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “Covid and the Escalation of Medical Tyranny“. You Might Also Like A Review of Stephanie Kelton’s The Deficit Myth The good news is that Stephanie Kelton has...

The dollar is making a modest comeback; stimulus talks have hit a dead end; we get more US inflation readings for September Brexit talks continue ahead of the EU summit Thursday and Friday; a new bill by the UK government could change the investment landscape in the country The EU recovery fund has hit some speed bumps; the Netherlands is the latest country to impose stricter measures; eurozone IP came in slightly lower than expected China reported strong money and...

In today’s video GoldCore’s Mark O’Byrne is interviewed by the Wealth Research Group, discussing the start of a new bull run for gold and silver and what we can expect. Some of the areas Mark touches on today include… What investors are currently buying The importance of owning physical gold Comparing golds performance with previous highs Investors motivations for purchasing gold What people are fearing; the size of the national debt, inflation or deflation?...

Swiss Franc The Euro has fallen by 0.15% to 1.0729 EUR/CHF and USD/CHF, October 14(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: Turn around Tuesday saw the dollar bounce, particularly against the Australian dollar and European currencies, among the majors. Sterling pared earlier losses on reports that the UK would not walk away from the talks just yet, while the euro remains on its back foot. Emerging market...

Ruag has numerous production sites across Switzerland, notably a plant at Emmen near Lucerne that produces elements for space rockets. Keystone/Urs Flüeler The Swiss aerospace and armament company, Ruag, says it will shed up to 150 jobs by the end of next year due to the coronavirus crisis. A 30% drop in sales of aircraft structures over the past seven months and the restructuring of the company are the main reason for the job cuts notably in IT, finance and human...

Given the overt hostility that progressives have toward private enterprise in the first place, politicians will take shutdown-caused shortages and empty shelves as “proof” that private enterprise has failed. This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack. Original Article: “The Second Act Will Be Worse Than the First: Lockdowns Are Not the Answer“. You Might Also Like...

Markets have a bit of a risk-off feel today; the dollar bleeding has been stanched for now; IMF releases its updated World Economic Outlook A stimulus package before the election appears doomed; Fed’s Barkin and Daly speak; a big data week for the US kicks off with September CPI today UK jobs data came in decidedly downbeat even though the furlough scheme has not yet ended; BOE Governor Bailey said that the bank is not yet ready to implement negative rates Japan will...

On Friday, the price of silver went up from $24.25 to $25.20, or +4%. Let’s look at the graph of the price and basis (i.e. abundance) action. For the first part of the day, the action is from speculators, for the most part. Then around the time that the US west coast comes online, we see a continued rise in price but a drop in basis back to where we started. Folks, this is what buying of physical metal looks like: prices rises by about 30 cents accompanied by a drop...