Archive - Feb 8, 2015
Head Of Largest Swiss Cantonal Bank Says Swiss Capital Controls Are "Certainly Possible"
Submitted by Tyler Durden on 02/08/2015 09:31 -0500Less than a day after the head of the SNB hinted at the possibility of capital control, the head of the largest Swiss cantonal bank, and the fourth largest Swiss Bank, the Zurich Cantonal Bank or ZCB, came out and explicitly said what so many fear (and which warning they would ascribe to as the case may be "yellow journalism"), namely that "lowering Swiss National Bank’s already negative interest rate further or implementing capital controls would be "dramatic" but "certainly possible."
Don’t Let The Recent Price Drop Fool You – US Retail Demand For Gold and Silver Sky-high!
Submitted by Sprout Money on 02/08/2015 06:59 -0500We are in record territory and demand for gold and silver keeps rising...
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