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Greek CDS blow-out
On Wednesday Greek CDS (Credit Default Swaps) blew out to a new record of 1,118 […]
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Red flag alert: Greek 10yr government bond yield surpasses 10%
Greek 10yr government bond yields today reached 10.37% (+0.60) as credit default swaps (cost of […]
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Swiss Franc exchange rate controls – 1971/2 deja vu?
After having spent half of Swiss GDP on intervening (unsuccessfully, see chart) in the foreign […]
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GLD now the world’s second largest ETF
GLD is now the world’s second largest ETF (exchange traded fund) with 1,308 tonnes of […]
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How the Swiss National Bank tried to keep the CHF from appreciating – and failed
According to preliminary data foreign currency reserves at the Swiss National Bank (SNB) in May […]
Category: Gold
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