Tags » Swiss National Bank

High Costs Here Too

Alhambra Investment Partners, by Jeffrey P. Snider

On January 15, the Swiss National Bank suddenly and without warning removed the franc’s peg to the euro. Months later, there is still much confusion as to why they acted, including some of the…

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Economy

Why Switzerland’s central bank just lost $52 billion

Most banks around the world couldn’t survive losing $50 billion in six months. But most banks don’t print their own money.

The Swiss National Bank, Switzerland’s central bank, … 170 more words

Finance

The Swiss central bank suffered a record loss from the strong franc and weak gold

Unusually, Switzerland’s central bank has private shareholders and a listing on the stock exchange. Although it otherwise operates like a normal central bank, this is an important wrinkle. 299 more words

The coloured black swan

It’s now been more than five months since Black Thursday, the storm that ravished currency markets and let some foreign exchange brokers naked in the Swiss cold. 356 more words

Editorial

Greek Crisis: Banks To Remain Closed Monday; Europe's Central Bank Caps Emergency Funding

Greek banks will reportedly not open tomorrow, after the ECB capped the emergency liquidity that is keeping them afloat.

GOLDBUG: The allure of gold in a fiat currency world

http://www.zerohedge.com/news/2015-05-09/russell-napier-explains-whats-store-gold-if-cash-outlawed

Russell Napier Explains What’s In Store For Gold If Cash Is Outlawed
Submitted by Tyler Durden on 05/09/2015 19:45 -0400

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GOLDBUG

As Swiss watchmakers dismiss Apple Watch, Swiss National Bank increases Apple holdings by 60%

”Over the first calendar quarter of 2015, the Swiss National Bank increased its holding of Apple stock by 60 percent to 8.90 million shares, according to a U.S. 145 more words

News