Search Results for: Credit Swiss
Gold’s outlook for 2020
January 3rd, 2020
This article is an overview of the economic conditions that will drive the gold price in 2020 and beyond. The turn of the credit cycle, the effect on government deficits and how they are to be financed are addressed. ...
China or US?
September 9th, 2019
China has made some silly errors in its conflict with the US, reflecting the arrogance that often afflicts every state actor. But the appearance that China is being backed into a corner over Huawei, trade tariffs and Hong ...
Negative interest rates and gold
August 30th, 2019
The reason for persistent strength in the price of gold can be found in the changing relationship between time preference for monetary gold, and a new round of interest rate suppression for the dollar. Evidence mounts that the ...
Beware of unauthorised companies offering investment and financial services
June 19th, 2019
The supervisory authorities of the United Kingdom (Financial Conduct Authority – FCA), Hong Kong (Securities and Futures Commission – SFC), Spain (Comisión Nacional del Mercado de Valores – CNMV), Austria (Financial Market Autority – FMA), Malta (Malta Financial Services ...
U.S. dollar rose against a basket of major currencies
February 6th, 2019
The U.S. dollar rose against a basket of major currencies on Tuesday, as investors awaited President Donald Trump’s State of the Union address for a possible update on the U.S.-China trade war. Continued recovery in investors’ appetite for risk ...
The world’s biggest hedge fund is getting whacked, and why “Moneyness” matters
December 12th, 2018
A few years ago the Swiss National Bank (SNB) – which traditionally held “monetary assets” like government bonds, cash and gold to back up the Swiss franc — decided to branch out into common stocks. This was a ...
Post-midterms rally in European stocks fizzles out
November 9th, 2018
European shares were flat to slightly higher on Thursday as a rally following U.S. midterm elections sputtered while strong results from Societe Generale, Commerzbank, and Sodexo soothed concerns about corporate earnings. The pan-European STOXX 600 was up just 0.2 ...
What to watch in European stocks
October 23rd, 2018
Here what investors watch ahead of the market open in Europe: Unprecedented Steps Italy continues to hog attention in European markets, and there’s no reason Tuesday should be any different. After the government continued a staunch defense of its ...
European stocks keep steady; The pan-European STOXX 600 rose 0.1 percent
September 18th, 2018
The pan-European STOXX 600 reversed early losses to rise 0.1 percent at the close, while Germany’s DAX, home to large exporters and carmakers, was down 0.2 percent. Wall Street opened slightly lower but the dip did not change the ...
Valuing Gold In A World Awash With Dollars
July 27th, 2018
Summary In this article I point to the pressures on the Fed to moderate monetary policy, but that will only affect the timing of the next cyclical credit crisis. That is going to happen anyway, triggered by the Fed ...
