In October 2017, when Switzerland’s Federal Council announced the government would stand behind Sion’s bid for the 2026 Winter Olympics, it sparked a backlash. South Korean Winter Olympics 2018_© Zhukovsky _ Dreamstime.com - Click to enlarge A survey run by Tamedia in February 2018 suggests 59% of the Swiss public are against the bid, according to RTS. The estimated cost to Swiss taxpayers is close to CHF 1 billion....
Read More »US Industry Experiences The Full 2014 Again in February
In February 2018, it was like old times for the US industrial sectors. Prior to the 2015-16 downturn, the otherwise moribund economy did produce two genuine booms. The first in the auto sector, the other in energy. Without them, who knows what the no-recovery recovery would have looked like. They were for the longest time the only bright spots. US Industrial Production, Jan 2006 - 2018(see more posts on U.S. Industrial...
Read More »New CHF200 banknote to be introduced in August
The CHF200 note will be unveiled to the public on August 15 and join the new CHF50, CHF20 and CHF10 notes of the same series already in circulation (Keystone) - Click to enlarge The Swiss National Bank (SNB) has announced that the latest addition to the new banknote series – the CHF200 note ($209) – will go into circulation on August 22. The brown note’s key motif will be physical matter. It will “showcase...
Read More »Bi-Weekly Economic Review
[embedded content] Bob Williams and Joseph Y. Calhoun talks about Bi-Weekly Economic Review for March 15, 2018. Related posts: Bi-Weekly Economic Review: The New Normal Continues Bi-Weekly Economic Review: Gridlock & The Status Quo Bi-Weekly Economic Review: Maximum Optimism? Bi-Weekly Economic Review: As Good As It Gets Bi-Weekly Economic...
Read More »Weekly Technical Analysis: 19/03/2018 – USD/JPY, EUR/USD, GBP/USD, NZD/USD, USD/CHF
USD/CHF The USDCHF pair leaned well on 0.9488 level to resume its positive trading, on its way towards our first waited target at 0.9581, as the price moves inside bullish channel that appears on the above chart, supported by the EMA50 that protects trading inside this channel, noting that breaching the targeted level will extend the pair’s gains to reach 0.9675. Therefore, the bullish trend will remain suggested for...
Read More »Buy Silver And Sell Gold Now
– Buy silver and sell gold now – Frisby– Gold should cost 15 times as much as silver– Silver might have disappointed in short term – But it’s time to buy – Editor’s note: Silver has outperformed stocks, bonds and gold over long term (see table) For those of you with busy schedules who like to see arguments made in 280 characters or less, let me come straight to the point: the time has come to sell your gold and buy...
Read More »Geneva wants to limit Airbnb rentals to 60 days a year
The canton wants the platform to place limits on its use to put the brakes on commercial operators © Mohamed Ahmed Soliman | Dreamstime.com - Click to enlarge The 60 day limit was set by Geneva’s State Council. Antonio Hodgers, State councillor in charge of housing told Tribune de Genève that renting on the platform had become a real business for some and that this needs to be controlled. The canton wants to prevent...
Read More »BOOM: Wyoming Ends ALL TAXATION of Gold & Silver
- Click to enlarge Breakthrough Sound Money Bill Becomes Law Today with Wide Support Cheyenne, Wyoming (March 14, 2018) – Sound money activists rejoiced as the Wyoming Legal Tender Act became law today. The bill restores constitutional, sound money in Wyoming. Backed by the Sound Money Defense League, Campaign for Liberty, Money Metals Exchange, and in-state grassroots activists, HB 103 removes all forms of state...
Read More »China’s Questionable Start to 2018
The Chinese government reported estimates for Industrial Production, Retail Sales, and Fixed Asset Investment (FAI) for both January and February 2018. The National Bureau of Statistics prepares and calculates China’s major economic statistics in this manner at the beginning of each year due to the difficulties created by calendar effects (New Year Golden Week). Despite this attempt to offset them, there remains...
Read More »Les banques centrales financées par les banques commerciales
Vincent Held continue à présenter des extraits dans cette 3ème et dernière vidéo. Les 3 vidéos se trouvent sur le site de Planètes 360. [embedded content] Cette vidéo fait suite à celle sur le marché REPO: [embedded content] Related posts: US-China Trade War Escalates As Further Measures Are Taken Our emerging market currencies scorecard gives good...
Read More »