Tag Archive: Switzerland

China Says It Is Ready To Assume “World Leadership”, Slams Western Democracy As “Flawed”

2017-01-23

Over the weekend China used the Trump inauguration to warn about the perils of democracy, touting the relative stability of the Communist system as President Xi Jinping heads toward a twice-a-decade reshuffle of senior leadership posts.

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The Psychological Impact Of Loss

2017-01-22

by Lance Roberts

2017-01-22

For the third time in four weeks, the market was closed on Monday due to a holiday. Not only is this week shortened by a holiday, it is also coinciding with the annual Billionaire’s convention in Davos, Switzerland and the Presidential inauguration on Friday. Increased volatility over the next couple of days will certainly not be surprising.

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Davos (According To Donald Trump)

2017-01-21

by Tyler Durden

2017-01-21

Bloomberg's Anne Swardson, Zoe Schneeweiss, and Andre Tartar perfectly summed up the state of play right now during their discussion of the World Economic Forum's annual get-together: "Never before has the gap between Davos Man and the real world yawned so widely."

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These Are The 3 Main Issues For Europe In 2017

2017-01-21

by George Friedman

2017-01-21

What will the year ahead look like for Europe? 2017 will be another chapter in the European Union’s slow unraveling… a process that has been underway for over a decade. The EU is a union in name only. The transfer of sovereignty to Brussels was never total, and member states are independent countries… each with their own interests at stake.

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Declassified CIA Memos Reveal Probes Into Gold Market Manipulation

2017-01-20

by Smaul gld

2017-01-20

The CIA recently released a series of declassified 1970s memos relating to the gold market and the newly created SDR. These memos give new insight how the CIA viewed the gold market, the perceived manipulation of gold and the potential for the SDR to become a gold substitute in the international monetary system.

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Lagarde Urges Wealth Redistribution To Fight Populism

2017-01-19

by Tyler Durden

2017-01-19

IMF Managing Director Christine Lagarde, Italian Finance Minister Pier Carlo Padoan and Founder, Chairman and Co-CIO of Bridgewater Associates, Ray Dalio

As we scoffed oveernight, who better than a handful of semi, and not so semi, billionaires - perplexed by the populist backlash of the past year - to sit down and discuss among each other how a "squeezed and Angry" middle-class should be fixed. And so it was this morning as IMF Managing Director Christine Lagarde, Italian Finance Minister Pier Carlo Padoan and Founder, Chairman and Co-CIO of Bridgewater Associates, Ray Dalio, espoused on what's...

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Davos Elite Eat $40 Hot Dogs While “Struggling For Answers”, Cowering in “Silent Fear”

2017-01-17

by Tyler Durden

2017-01-17

For those unfamiliar with what goes on at the annual January boondoggle at the World Economic Forum in Davos, here is the simple breakdown. Officially, heads of state, captains of industry, prominent academics, philanthropists and a retinue of journalists, celebrities and hangers-on will descend Tuesday on the picturesque alpine village of Davos, Switzerland, for the World Economic Forum.

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Davos: In Defense Of Populism

2017-01-17

by Mike Krieger

2017-01-17

DAVOS MAN: “A soulless man, technocratic, nationless and cultureless, severed from reality. The modern economics that undergirded Davos capitalism is equally soulless, a managerial capitalism that reduces economics to mathematics and separates it from human action and human creativity.” – From the post: “For the Sake of Capitalism, Pepper Spray Davos”

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What Vice Costs – The World’s Cheapest (& Most Expensive) Countries For Drugs, Booze, & Cigarettes

2017-01-17

by Tyler Durden

2017-01-17

Indulging in a weekly habit of drugs, booze and cigarettes can cost you as little as $41.40 in Laos and a whopping $1,441.50 in Japan, according to the Bloomberg Vice Index.

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Neo Feudalism and Basic Income

2017-01-12

by Tyler Durden

2017-01-12

It is difficult to say exactly how, or when, the next collapse will be triggered, but, as SHTFPlan.com's Mac Slavo notes, of course all the conditions are ripe for it. What can be certain is that the technocrats intent on controlling the future are already engineering the post-collapse society.

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First ZeroHedge Symposium and Live Fight Club

2017-01-12

by hedgeless_horseman

2017-01-12

For over four decades, many of the planet's biggest trouble makers and assholes have met each year in Davos, Switzerland, for the World Economic Forum with the humble mission of, "Improving the state of the world."

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Gold Bars Worth $800,000 Owned By Prince

2017-01-11

by GoldCore

2017-01-11

Gold Bars Worth $800,000 Owned By Prince. Prince, RIP, owned gold bars worth just over $800,000 according to the statement filed in a Minnesota court last Friday.

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Trump Is Set To Label China A “Currency Manipulator”: What Happens Then?

2017-01-11

by Tyler Durden

2017-01-11

While China has been banging the nationalist drums in its government-owned tabloids, warning daily of the adverse consequences to the US from either a trade war, or from Trump's violating the "One China" policy, a more tangible concern for deteriorating relations between China and the US is that Trump could, and most likely will, brand China a currency manipulator shortly after taking over the the Oval Office.

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Gold Price In GBP Up 4 percent On Brexit and UK Risks

2017-01-10

by GoldCore

2017-01-10

Gold Price In GBP Rises 4% On Brexit and UK Economy Risks. Pound fell 2% against gold yesterday after Theresa May created Brexit concerns. May's 'Hard Brexit' denial does not calm markets growing fears. Investors concerned about lack of government strategy and uncertainty. UK Prime Minister bizarrely blames media and "those who print things" for sterling depreciation. GBP gold builds on 31% gain in 2016 with 4% gain so far in 2017.

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Basic Income Arrives: Finland To Hand Out Guaranteed Income Of €560 To Lucky Citizens

2017-01-08

by Tyler Durden

2017-01-08

Just over a year ago, we reported that in what was set to be a pilot experiment in "universal basic income", Finland would become the first nation to hand out "helicopter money" in the form of cash directly to a select group of citizens.

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Gold Rises In All Currencies In 2016 – 9 percent In USD, 13 percent In EUR and 31.5 percent In GBP

2017-01-06

by GoldCore

2017-01-06

Gold gains in USD, GBP, EUR, CAD, AUD, NZD, JPY. Gold gains in CNY, INR & most emerging market currencies. Gold surges 31.5% in British pounds after Brexit shock. Gold acted as hedge and safe haven in 2016 … for those who need safe haven. Furthers signs of market having bottomed and bodes well for 2017. What drivers will gold respond to in 2017? EU elections and contagion risk, Geo-politics, terrorism, war and cyber war. Outlook for gold good...

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Nomi Prins’ Political-Financial Road Map For 2017

2017-01-05

by Nomi Prins

2017-01-05

As tumultuous as last year was from a global political perspective on the back of a rocky start market-wise, 2017 will be much more so. The central bank subsidization of the financial system (especially in the US and Europe) that began with the Fed invoking zero interest rate policy in 2008, gave way to international distrust of the enabling status quo that unfolded in different ways across the planet.

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Money, Markets, & Mayhem – What To Expect In The Year Ahead

2017-01-05

by Tyler Durden

2017-01-05

If you thought 2016 was full of market maelstroms and geopolitical gotchas, 2017's 'known unknowns' suggest a year of more mayhem awaits... Here's a selection of key events in the year ahead (and links to Bloomberg's quick-takes on each).

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Gold Market Charts – A Month in Review

2017-01-04

by Ronan Manly

2017-01-04

Shanghai Gold Exchange - Gold Withdrawals (tonnes), 2008 - end November 2016

BullionStar has recently started a new series of posts highlighting charts relating to some of the most important gold markets, gold exchanges and gold trends around the world. The posts include charts of the Chinese Gold Market, the flow of gold from West to East via the London and Swiss gold markets, and the holdings of gold-backed Exchange Traded Funds (ETFs).

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European Stocks Greet The New Year By Rising To One Year Highs; Euro Slides

2017-01-04

by Tyler Durden

2017-01-04

While most of the world is enjoying it last day off from the 2017 holiday transition, with Asia's major markets closed for the New Year holiday, along with Britain and Switzerland in Europe and the US and Canada across the Atlantic, European stocks climbed to their highest levels in over a year on Monday after the Markit PMI survey showed manufacturing production in the Eurozone rose to the highest level since April 2011.

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