Tag Archives: newsletter

The price of gold dropped $31, and that of silver fell even more by proportion, $2.14. The gold-silver ratio hit a hit of over 126 before closing the week around 119. This exceeds the high in the ratio last hit in the George H.W. Bush recession. Last week, we were warming up to silver, if not recommending it. We said: “While we would not recommend betting on silver with leverage at this moment, we certainly would not be short silver right now. If you don’t own any,...

A number of projects around the world aim to create digital versions of money. (© Keystone / Gaetan Bally) Sygnum bank has launched a digital version of the Swiss franc (DCHF) to allow faster payments when trading a new breed of securities. The DCHF digital tokens will be backed by the corresponding amount of Swiss francs that Sygnum will hold at the Swiss National Bank (SNB). Sygnum is part of a consortium of companies taking part in the SDX digital assets trading...

Swiss Franc The Euro has risen by 0.45% to 1.0587 EUR/CHF and USD/CHF, March 23(see more posts on EUR/CHF, USD/CHF, ) Source: markets.ft.com - Click to enlarge FX Rates Overview: In HG Wells’ “War of the Worlds,” the common cold repelled a Martian invasion. Now, a novel coronavirus is disrupting everything and everywhere. Global equities continue to get hammered, though the apparent relative resilience of Japan may have spurred some buying of Japanese equities....

Key developments in 2019 The current account surplus for 2019 was CHF 86 billion, CHF 29 billion more than the previous year. This increase was principally due to growth in primary income (labour and investment income). In the year under review, receipts exceeded expenses by CHF 14 billion, whereas in the two previous years, expenses had significantly exceeded receipts. The main contributors to this development had been finance and holding companies, which had...

Many high street stores have been told to close their doors. (Keystone / Jean-christophe Bott) A CHF42 billion coronavirus financial aid package may not be enough to save firms from extinction, warn business leaders and economists. The state could be saddled with a bill three times higher if the crisis drags on until the end of the year. Earlier this week, the government increased its emergency funding from CHF10 billion to CHF42 billion ($42.6 billion). Some CHF14...

The Swiss healthcare system will be tested over the coming weeks, experts warn. (© Keystone / Gaetan Bally) Three Swiss hospitals have agreed to provide intensive care treatment for six seriously ill coronavirus patients from the neighbouring Alsace region of France. However, experts fear that Switzerland’s health infrastructure will soon be stretched by the rising number of pandemic victims. Two hospitals in Basel and one in Jura, in northwestern Switzerland, said...

Essential home lockdown reading. The pandemic is revealing to all what many of us have known for a long time: the status quo was designed to fail and so its failure was not just predictable but inevitable. We’ve propped up a dysfunctional, wasteful and unsustainable system by pouring trillions of dollars in borrowed money down a multitude of ratholes to avoid a reckoning and a re-set. And very predictably, that’s the “solution” to the unraveling triggered by the...

Risk sentiment is likely to remain under pressure this week as the impact of the coronavirus continues to spread; demand for dollars remains strong As of this writing, the Senate-led aid bill has stalled; the US economic outlook is getting more dire; Canada is experiencing similar headwinds This is a big data week for the UK; eurozone March flash PMIs will be reported Tuesday; oil prices continue to slide Japan has a heavy data week; RBNZ will start QE; China offers...

In den vergangenen Tagen habe ich mich immer wieder gefragt, “wo besteht eigentlich das Problem?” Zu oft habe ich das Gefühl, dass viele Experten, Medien und Politiker mit den Zahlen ein Durcheinander haben und so mehr zur Verwirrung als zur Klärung beitragen. Deshalb hier der Versuch einer strukturierten Aufschlüsselung. Eine Bitte an alle Leser: Ich suche Quellen (Webseiten, Videos [mit Minutenangabe], Interviews, etc.), welche meine Fragen entweder beantworten...

Ja, richtig gelesen. Mit Aktien wird man nicht reich und vermögend. Was ich damit meine, möchte ich in diesem Beitrag erläutern. Keine Sorge, ich werde weiterhin in Aktien investieren, aber auch meine Motivation für Aktien Investments nochmal genauer erläutern. Wenn Aktien nicht reich machen Aktien sind ein Investmentkonstrukt, man investiert sein verdientes Geld in Unternehmen. Das investierte Geld kann somit langfristig für einen arbeiten und der Topf kann durch...