Pfäffikon SZ, Switzerland – It will not have escaped your attention but the Swiss will vote on the so-called “Gold Initiative” on the 30th of November. On this day the Swiss get to vote if the Schweizerische Nationalbank (SNB) should keep at least 20% of its assets in gold. This would mean that the SNB […]
Pfäffikon SZ, Switzerland – Het zal u wellicht niet ontgaan zijn, maar de Zwitsers stemmen 30 november aanstaande over het zogenaamde “Gold Initiative”. De Zwitsers mogen op deze datum stemmen of de Schweizerische Nationalbank (SNB) tenminste 20% van haar activa in goud moet aanhouden. Dit zou betekenen dat de SNB gedwongen wordt binnen een periode […]
Weekly Market Outlook: Pfäffikon SZ, Switzerland – Last week, the S&P 500 increased by 0.39% and closed at 2039.82 points. This rest was a hoax, especially if we take into account the Dutch stock market. The volatility in several equities was significant. The improving gold price and the increasing euro were, moreover, remarkable. In particular, […]
Pfäffikon SZ, Switzerland – For decades on end the Rabobank had been the healthiest bank of the Netherlands and was in this regard well matched to the best in the world. However, since the outbreak of the credit crisis, a lot has changed. The Rabobank finds itself in the corner where the blows are being […]