Switzerland
They're Coming For Your Cash
Submitted by Tyler Durden on 11/15/2015 17:45 -0500It’s easy to be frightened by these proposals. But if governments think they can force us to accept negative interest rates on our savings by abolishing cash, they need to think again. It’s preposterous to assume that savers will passively accept outright confiscation of their assets via negative interest rates or a ban on cash. Instead, people will simply revert to other stores of value.
Gold Bullion Demand Surges 27% In Q3 - New Chinese “Buying Spree”
Submitted by GoldCore on 11/12/2015 11:56 -0500Gold bullion coin and bar demand surged in Q3 as gold’s continuing COMEX driven price weakness in July and sharp falls in stock markets in China and globally in August saw store of wealth buyers internationally again accumulate bullion.
“I Can’t Deny It – The Outlook For Gold Isn’t Pretty Right Now”
Submitted by GoldCore on 11/11/2015 12:28 -0500It is important to note that the current weakness of gold is primarily in dollar and sterling terms. For investors in Canada, Australia, New Zealand and the EU gold is once again acting as a hedge.
China’s Central Bank Buys Another 14 Tons of Gold … Bullion Falls To 3 Month Low
Submitted by GoldCore on 11/09/2015 12:15 -0500China is playing the long game and they could be low balling their total gold holdings – official central bank reserves and non official, governmental holdings – in order to maintain confidence in their substantial US dollar holdings and to aid their bid to join the IMF.
Ban Russian Track And Field Athletes From 2016 Olympics, Commission Urges
Submitted by Tyler Durden on 11/09/2015 11:57 -0500An "independent" commission of the World Anti-Doping Agency has found that Russia engaged in state-sponsored doping and more importantly, recommended that Russia’s track and field athletes be suspended from Olympic competition in 2016. The "Independent" commission was led by Canadian Dick Pound. Joining him on the commission was Richard McLaren, another Canadian lawyer and a long-standing member of the Court of Arbitration for Sport, as well as Günter Younger, head of department of cybercrime with Bavarian Landeskriminalamt. So two Canadians and a German made up an "independent" commission that now wants to bar Russia from the marquee event of the upcoming olympics.
Worlds Largest Debtor Ever Raises U.S. 'Debt Ceiling' ... Again
Submitted by GoldCore on 11/06/2015 11:28 -0500"The truth is, the debt ceiling doesn’t actually limit government spending. It’s a farce. Every time government debt gets close to the debt ceiling, Congress just raises it.”
Play The Forex Fix - JPY And CHF Pairs Range Bound
Submitted by globalintelhub on 11/05/2015 19:26 -0500Don't forget Forex is countertrend market (generally) - here's a strategy to play the Forex 'fix'
Bitcoin Surges 55% In Month - Chinese Moving Capital Into Bitcoin and Gold
Submitted by GoldCore on 11/05/2015 10:56 -0500Bitcoin is an easy way for people to swap out of yuan. Goldman Sachs analysts estimated earlier this year that 80% of bitcoin volume is exchanged in and out of the Chinese yuan. Once converted to bitcoin, the owners can then swap back into other fiat currencies and indeed physical gold.
Swiss National Bank Slammed For Massive Valeant Loss; Adds Another 900,000 Apple Shares In Q3
Submitted by Tyler Durden on 11/05/2015 10:07 -0500Overnight, the SNB which unlike the Fed and the other "serious" central bank hedge funds, released a 13-F updating on its latest stock portfolio. We learned that in the quarter in which AAPL stock tumbled to $92 during the August 24 ETFlash crash, the Swiss money printing authority which reported a record $20 billion loss in the second quarter, and a record $52 billion in the first half, added another 909,000 AAPL shares, bringing its new grand total to 10.3 million shares,
It's Just Not Saudi Arabia's Year: First Oil Prices, Now This...
Submitted by Tyler Durden on 11/04/2015 13:50 -0500When Saudi Arabia moved to Plaxico themselves last November by killing the petrodollar in an effort to bankrupt the US shale space and tighten the screws on Moscow, Riyadh set in motion a series of events that culminted in a 20% fiscal deficit and, most recently, an S&P downgrade. Now, the kingdom is not only running out of money, but water and food as well.
Apocalypse Now: Has Next Giant Financial Crash Already Begun?
Submitted by GoldCore on 11/03/2015 11:17 -0500“A predicted global meltdown passed without event. But there are enough warning signs to suggest we are sleepwalking into another disaster”.
The UN Plans To Implement Universal Biometric Identification For All Of Humanity By 2030
Submitted by Tyler Durden on 11/02/2015 20:10 -0500Did you know that the United Nations intends to have biometric identification cards in the hands of every single man, woman and child on the entire planet by the year 2030? And did you know that a central database in Geneva, Switzerland will be collecting data from many of these cards?
Billionaires Troll Middle Class With "14 Things Successful People Do Before Breakfast" Listicle
Submitted by Tyler Durden on 11/02/2015 14:58 -0500
Withdrawals Of Gold From NY Fed Jump To 20 Tons In September, Total 276 Tons Since 2014
Submitted by Tyler Durden on 10/31/2015 10:40 -0500In September, the total physical gold held in custody at the NY Fed dropped another 19.9 tons in September, down to 5,919.5 tons. This was a doubling in gold withdrawals from 10 tons in August, and is the highest withdrawal since January. At just under 5,920 total tons in NY Fed inventory, this is the lowest amount of gold held in NY Fed custody in decades.
The Latest (and Dumbest) Central Bank Fraud
Submitted by Tyler Durden on 10/30/2015 11:41 -0500Investors are aware that the market is manipulated... and it doesn’t seem to worry them. They don’t fight the Fed; they sit down at the table with it. They play the game. And so far, they have done well. But now... She will signal that, soon, the central bank will begin the long return to “normalcy.” Don’t believe it. The entire system depends on abnormality.




