Tag Archives: Switzerland

Sinclair – Swiss Bank Just Refused To Give My Friend His Gold

Today legendary trader Jim Sinclair stunned King World News when he revealed that a dear friend of his who is very affluent just had a Swiss bank refuse to return his large hoard of gold when he asked for it … Continue reading

Posted in Editorial, Financial | Tagged , , , | Comments Off on Sinclair – Swiss Bank Just Refused To Give My Friend His Gold

Swiss To Vote On Gold Repatriation – “Gold Is The Only Valuable Asset On The SNB’s Balance Sheet”

A few weeks ago, we wrote of the Swiss People’s Party’s efforts to gain enough signatures to force the Swiss National Bank (SNB), who ‘supposedly’ guarantees the price stability in Switzerland, to stop selling its gold reserves. This last week, as the … Continue reading

Posted in Editorial, Financial | Tagged , , , , | Comments Off on Swiss To Vote On Gold Repatriation – “Gold Is The Only Valuable Asset On The SNB’s Balance Sheet”

SWITZERLAND REVISES 1934 BANKING ACT TO ALLOW BAIL-IN DEPOSIT CONFISCATIONS!

The Swiss document begins by advising that the FINMA now has legal authority to confiscate depositor funds, thanks to a revision of the Banking Act of 1934, completed in 2011, as well as the revision of the Bank Insolvency Ordinance completed Nov … Continue reading

Posted in Editorial, Financial | Tagged , , , | 1 Comment

SWISS TO VOTE ON CENTRAL BANK GOLD RESERVES

A rightwing group has submitted more than 106,000 signatures to the federal authorities, seeking a vote on stopping the sale of gold reserves held by the Swiss National Bank (SNB). It also wants gold bars stored in the US to … Continue reading

Posted in Editorial, Financial | Tagged , , | Comments Off on SWISS TO VOTE ON CENTRAL BANK GOLD RESERVES

Switzerland, Austerity Protests

From YouTube: Switzerland has temporarily pegged its currency (the Swiss franc) to the euro through an executive decision of its central bank (2011-09-06 ). There is no statutory basis for this peg. Technically, the Swiss have put a floor on … Continue reading

Posted in Editorial | Tagged , , , | Comments Off on Switzerland, Austerity Protests

Switzerland Prepares For Mass Civil Unrest In Europe

Editor’s Note: You know there’s a problem when the traditionally reserved and neutral Swiss start mobilizing their military as a contingency plan for the possible collapse of law and order throughout the continent of Europe.  Despite being one of the … Continue reading

Posted in Civil Unrest, Editorial | Tagged | Comments Off on Switzerland Prepares For Mass Civil Unrest In Europe

A New Type of Russian Bear Is Awakening

The Russian economy is starting to be affected by fear: politically and economically. Putin has solidified his choke hold on Russia and is looking to extend his “influence” in the Middle East and Europe. Not a good combination for the … Continue reading

Posted in Editorial, Financial | Tagged , , , , | Comments Off on A New Type of Russian Bear Is Awakening

Secretary Napolitano Unveils National Strategy for Global Supply Chain Security – From Davos, Switzerland

DAVOS, Switzerland—Secretary of Homeland Security Janet Napolitano today unveiled the Obama administrations National Strategy for Global Supply Chain Security at the World Economic Forum in Davos, Switzerland. The Department of Homeland Security is committed to facilitating legitimate trade and travel, while preventing … Continue reading

Posted in Civil Unrest, Education | Tagged , , , , , | 1 Comment

Latest Financial Reports from the European Union Crisis

A flurry of reports on the European Union’s fiscal crisis has been released just prior to the opening of the European stock markets. The following articles detail the latest information from Switzerland, Germany Portugal and Greece. This will not be … Continue reading

Posted in Editorial, Financial | Tagged , , , , , , , | Comments Off on Latest Financial Reports from the European Union Crisis