As part of the sanctions against Russia, seven Russian banks have been cut off from SWIFT.
We start by discussing what SWIFT is, and then the implications of completely cutting Russia out of SWIFT.
What is SWIFT and Why Russia is Being Excluded
SWIFT – The Society for Worldwide Interbank Financial Telecommunication is a messaging system that links more than 11,000 banks in 200 countries.
The system doesn’t move actual...
Read More »
Tag Archive: gold investing
Monetary Metals Provides Gold Loan to Sector Resources
The loan is denominated in gold with interest and principal paid in gold. Scottsdale, Ariz., June 9, 2020—Monetary Metals® announced today that it has loaned gold to Sector Resources Canada Ltd., a British Columbia based gold mining company. The private transaction was conducted off-market, and the interest rate and terms were not disclosed.
Read More »
Read More »
When Is a Capital Gain Capital Consumption? Market Report, 25 May
The price of gold dropped a few bucks this week, but the price of silver jumped about half a buck. The drumbeat for the gold bull market is well underway, and it is beginning now for silver. So let’s do a quick update on the supply and demand fundamentals.
Read More »
Read More »
Gold and Silver Markets Start to Normalize, Report 4 May
The price of gold dropped $29 and the price of silver dropped $0.27. We’ll get back to where we think the prices are likely to go in a bit. In recent Reports, we’ve looked at the elevated bid-ask spread in gold (though not nearly as elevated as some goldbugs would have you believe) and the elevated gold basis.
Read More »
Read More »
Useless But Not Worthless, Report 21 Oct 2018
Let’s continue to look at the fiasco in the franc. We say “fiasco”, because anyone in Switzerland who is trying to save for retirement has been put on a treadmill, which is now running backwards at –¾ mph (yes, miles per hour in keeping with our treadmill analogy). Instead of being propelled forward towards their retirement goals by earning interest that compounds, they are losing principal.
Read More »
Read More »
Donate to SNBCHF.com
Donate to SNBCHF.com Via Paypal or Bitcoin To Help Keep the Site Running
Please consider making a small donation to Snbchf.com. Thanks
Bitcoin wallet: bc1qa2h6hgd0xkuh7xh02jm5x25k6x8g7548ffaj3j
Receive a Daily Mail from this Blog
Live Currency Cross Rates
On Swiss National Bank
-
SNB Sight Deposits: is stable compared to the previous week
1 day ago -
Swiss Franc at risk as inflation diverges from SNB forecasts
13 days ago -
The Swiss National Bank vs. the Federal Reserve: The Fed’s Capital Losses in Perspective
17 days ago -
EUR/CHF Price Analysis: Pullback possible amid mixed signals
17 days ago -
Swiss Franc extends losses on Swiss interest rate outlook
23 days ago
Main SNB Background Info
-
SNB Sight Deposits: is stable compared to the previous week
1 day ago -
The Secret History Of The Banking Crisis
2017-08-14 -
SNB Balance Sheet Now Over 100 percent GDP
2016-08-29 -
The relationship between CHF and gold
2016-07-23 -
CHF Price Movements: Correlations between CHF and the German Economy
2016-07-22
Featured and recent
-
In Defense of Capitalism
-
Saber Tooth
-
Sound Money 7
-
Gigantischer Politik-Skandal in Sachsen!
-
Scheidung: Wie wird Euer Vermögen getrennt?
-
Wieviel müsste man für ein Neugeborenes anlegen, damit es bei Renteneintritt Millionär ist? #mill
-
ETF: So viel kostet es Dich, 5 Jahre später anzufangen
-
Nike vs Adidas – DFB wechselt zum Verlierer
-
No, the Brazilian Government Should Not Subsidize Carnival Festivities
-
Eilmeldung: STIHL flieht aus Deutschland!
More from this category
- When Rock begins to beat Paper
24 Jul 2022
- SWIFT Ban: A Game Changer for Russia?
4 Mar 2022
- Monetary Metals Provides Gold Loan to Sector Resources
10 Jun 2020
- When Is a Capital Gain Capital Consumption? Market Report, 25 May
26 May 2020
- Gold and Silver Markets Start to Normalize, Report 4 May
5 May 2020
- Useless But Not Worthless, Report 21 Oct 2018
22 Oct 2018
When Rock begins to beat Paper
2022-07-24
by Stephen Flood
2022-07-24
Read More »