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A bank is a bank is a bank
Part I of II by Claudio Grass It might sound like an old-fashioned notion, the sort of thing that one reads about in period novels and romantically sighs “oh, the good old days”. It might sound like old timely advice, perhaps of the kind that our grandparents would have given to…
Greetings from Switzerland
I’m back from Geneva where, among other things, I briefly visited the headquarter of the World Economic Forum (WEF) to express my appreciation for this organization. Check out my picture :-). In addition I enjoyed a conversation with Jose El Niño – you will find the podcast under the below…
- Finance | Gold | Monetary | Politics | Uncategorized
Swiss government Pension System chooses gold bullion over paper claims
Another country is betting on physical gold. Switzerland’s pension fund has boosted its investments in bullion, switching from the paper-backed securities in US dollars. “The Swiss government Pension System decided to change from paper gold in the amount of 700 million CHF into physical gold and store it in Switzerland….
DER KAMPF GEGEN DAS BARGELD – TEIL I
„Wer die Freiheit aufgibt, um Sicherheit zu gewinnen, wird am Ende beides verlieren. „ Benjamin Franklin Mit dem Aufkommen von Kreditkartengeld für alltägliche Zahlungen, Online-Banking und Bezahl-Apps, die alle als moderne Alternativen zum Bargeld beworben und angenommen werden, ermutigt man den Durchschnittsbürger heutzutage aktiv dazu, sich vom materiellen Geld zu…
Economics | Finance | Politics | Thoughts | UncategorizedIs the West repeating India’s mistakes? – Part II
Interview with Jayant Bhandari Claudio Grass (CG): In such a vast and incredibly diverse country like India, can top-down measures and centralized policies like affirmative action or caste-based economic incentives effectively force social change and economic equality? Or can they be seen as merely symbolic moves, or perhaps just political…
Chris Marcus: Why Would China Allow The Gold Price To Be Suppressed?
If the precious metals markets are manipulatively suppressed lower as many allege (and as court records and other sources document with evidence), one of the questions many often raise is why would China allow this to occur? Many look at the developments with the Yuan (such as the creation of…