The Swiss Gold Initiative

152
Sat, Aug 23, 2014 - 12:23pm

When we first wrote about this, we actually caused a bit of a stir but the primary vote on The Swiss Gold Initiative was still over six months away. Now, with the date of the vote rapidly approaching, it is time to begin reviving this issue.

Interest is beginning to build, awareness is growing and the date of the national referendum has been set. Later this year, on November 30, the good people of Switzerland will finally get an opportunity to make their voices heard. The Swiss Gold Initiative can be roughly stated in three parts:

  1. The halting of all Swiss gold sales
  2. The repatriation of all Swiss gold that is held in foreign vaults
  3. Resume backing the Swiss Franc with gold, at a minimum level of 20%

Of course, the politicians and bankers of Switzerland are squarely against this initiative as it greatly diminishes their hold on power and restricts their ability to continue to debase the Franc. Fortunately, as one of the world's few remaining democracies, the Swiss people have an opportunity on November 30 to directly affect a change. For their sake and for the sake of their posterity, I pray that they choose wisely.

As this issue comes to the forefront this autumn, you will need to be aware of the circumstances surrounding the vote. So, below you will find a few background links and, ultimately, a re-print of the seminal article that we first posted here back on May 12. Please take the time to review this information. We must do everything we can to help warn and educate the good people of Switzerland before the vote is taken.

First, here are two bits of background from earlier this year. From former US Budget Director David Stockman we have this: https://davidstockmanscontracorner.com/switzerlands-keynesian-bureaucrat...

And from the FinancialSense website, we have this interview of Luzi Stamm, who is one of the Swiss parliamentarians behind the initiative: https://www.financialsense.com/contributors/luzi-stamm/swiss-gold-initia...

Last week, Swiss money manager Egon von Greyerz brought the issue back to our attention and I urge you to take a moment to read this brief commentary: https://goldswitzerland.com/swiss-to-vote-on-gold-repatriation-in-novemb...

Finally, here's the link to the article we first posted back in May. If you are Swiss or personally know any Swiss citizens, please consider forwarding this link. It is imperative that we do everything possible to see that this initiative passes, not just for the good people of Switzerland but for freedom, liberty and sound money advocates everywhere. https://www.tfmetalsreport.com/blog/5731/turdville-love-open-letter-good...

TF

"From Turdville With Love; An open letter to the good people of Switzerland"

I hate to be the bearer of bad news, Switzerland, but what you suspected all along is actually true. Your gold is gone. All of it. Leased and sold away by your central bankers and politicians.

As recently as 1996, the Swiss Franc was considered "good as gold". Why was this the case? Since the early 20th century, the Swiss Franc had offered a reserve backing of gold. This uniquely sound currency had given the country of Switzerland considerable financial power and independence, yet, at the urging of their politicians and central bankers, the Swiss willingly forfeited this enviable position.

The demise of the Franc and Swiss sovereignty began in 1992 when the Swiss made the fateful decision to join the International Monetary Fund (IMF). The IMF's Articles of Agreement (Article IV, Sec 2b) clearly state that no member country can have a currency linked to gold and, as such, Switzerland immediately set out on a course to de-link the Franc from gold. Just four short years later, the Swiss National Bank (SNB) and the Swiss government had formed a plan to eliminate the Franc's gold backing and, in March of 1997, a revision of the Nationalbank Act was passed and all links of gold to the Franc were removed. Further, since the Swiss constitution mandated sound money, it had to be amended, too. Thus, in a hastily organized vote, a new Swiss constitution was approved in May of 2000. (https://www.efd.admin.ch/dokumentation/medieninformationen/archiv/00382/...) This served to finally and permanently sever the Franc's gold backing and initiated the Swiss into the world of global fiat currency.

The SNB has spent the 14 years since leasing and re-leasing the country's gold reserves. In 1999, the SNB reported gold reserves of 2,590 metric tonnes. The most current "audit" of SNB reserves showed just 1,040 metric tonnes of gold remaining on the balance sheet and I believe that none of this is actual, physical gold. Instead, what the SNB holds are paper claims and promissory notes. The remaining 1,040 tonnes has been sold and re-sold into the marketplace by greedy bullion banks, intent upon suppressing price through the leverage of paper metal futures contracts and rehypothecation. In other words, the "gold" that the SNB claims to hold/own on behalf of the Swiss people is gone. This makes the Swiss people just another bagholder, certain to be left in line wanting with all of the other holders of unallocated accounts when the fractional reserve bullion banking system inevitably collapses.

Furthermore, I've come to the conclusion that it was this last bit of Swiss gold that was utilized to suppress and manipulate price away from the alltime highs of September 2011. What makes me think this? Let's start with a history lesson...

Again, the Swiss officially forfeited their birthright of national independence and sovereignty when they joined the IMF in 1992. Then, by formally de-linking the Franc from gold in 2000, they accepted full membership into the clique of fiat currencies. Regardless, and perhaps just by tradition, the Swiss Franc was still considered a "safe haven" currency as late as 2011. But that's when things got out of hand.

You recall 2011, don't you? Under the weight of $600B worth of QE2, the U.S. Dollar Index was collapsing. From a high near 90 in mid-2010, it had fallen to near 73 by the spring of 2011. Shortly thereafter, the U.S. fiscal situation began to wobble as "Debt Ceiling" negotiations took place in Washington and the U.S. credit rating was downgraded by Standard & Poor's. The ensuing political rancor drove gold from $1500 to $1900 in eight weeks. Also catching a bid in this "safe haven" trade was the Swiss Franc and, in the summer of 2011, it also rallied over 20%.

"We can't have this!", screamed the Swiss Keynesians. "Something must be done or our export-driven economy will suffer", they warned. So what happened next? The SNB went ALL IN.

In the wee hours of Tuesday, September 6, 2011, the SNB announced a permanent and horrific change to the Swiss currency. Henceforth, the Franc would be linked/pegged to the Euro. No more safe haven bid. No more national sovereignty. Going forward, the Swiss were all in. Their fortunes had been officially tied to the fortunes of the European Union, for better or for worse. At this point, there was no further reason to hold any gold in reserve. Why would the Swiss need it? Their currency was now officially fiat and it's value was permanently pegged to another fiat, the Euro. What purpose would gold serve going forward? As the Keynesians say, it had become "a barbarous relic".

Left as the sole remaining "safe haven", one would have expected a huge rally in gold on 9/6/11, likely moving price up and through $2000/ounce from the weekend close near $1920. Instead, with the same counter-intuitive move to which we've all grown accustomed in the time since, gold was raided and price was smashed. Here are some flashback c&ps for you. First two charts from 9/6/11 and 9/7/11 showing the unusual price action:

And, as you might imagine, I was actively chronicling these events on this site. Here's a sample from Wednesday, Sept 7:

"I think it's quite clear now why gold responded yesterday in the opposite direction from what you would have expected. With central banks actively managing a debasement of their currencies, we are now seeing them also attempt to actively manage a debasement of gold, too. Be careful. Be very careful.

We all wondered yesterday why gold would plunge on the SNB news. Now we know. In an attempt to mitigate the "negative" effect on francs priced in gold, the SNB sold a massive amount of gold futures at the same time. How do we know this, because it appears that the same thing earlier today.

Yes, that's 7,000 contracts (700,000 ounces) (nearly 22 metric tons!) dumped on the Globex while London and NY are closed! This should also raise your deja vu spidey senses regarding silver in May. The $ drop in silver was greater because the silver market is considerably smaller. However, it's the same strategy. Maximize the downward impact and collateral damage by executing the attack at a time of minimal liquidity. This all wreaks of malicious manipulation. If you are trading, be prepared for anything."

And there you have it. Speculated upon at the time and again here in this post: The SNB is the culprit. It was the remaining SNB gold that was leased and dumped onto the market in late 2011, shoving price back from the record highs and smashing gold for nearly 0 in a little over three weeks. What was left of the Swiss gold was then leased to bullion banks throughout 2012 and the first half of 2013. Physical demand only increased, however, and that remaining Swiss gold has now been delivered to China and points East. Yes, the SNB still shows this leased gold on their balances sheet as an asset. Most every other western Central Bank utilizes the same accounting gimmick. Instead, it should be listed as a liability as the actual, physical underlying is no longer there. It is...gone for good.

Sensing this, a movement has begun in Switzerland to reclaim their sovereignty and birthright. The Swiss People's Party (SVP), which was the only major party voting against the new Constitution back in 2000, began an initiative last year to re-enforce a gold backing to the Franc. After collecting more than the requisite 100,000 signatures, a national referendum on the issue is planned. First, however, a vote was held last week in Swiss parliament. This procedural vote is basically a "recommendation" from Parliament, designed to impact the eventual, national vote. Here's how Bloomberg described it in an article dated May 5:

SWITZERLAND (BLOOMBERG) - >

Swiss parliamentarians urged rejection of a popular initiative that would curtail the Swiss National Bank’s independence by requiring it to hold a fixed portion of its assets in gold.

Members of the Swiss parliament’s lower house voted 129 to 20 with 25 abstentions today against the plan, which demands that at least 20 percent of the central bank’s assets be in gold. It would also disallow the sale of any such holdings and require all SNB gold be held in Switzerland.

No date for a national vote has yet been set. The government in November also recommended the initiative be opposed, saying it would impinge upon the SNB’s ability to conduct monetary policy. Parliament and the multi-party government issue recommendations on all national referendums as a matter of procedure.

Of course! How could anyone, in their right mind, be in favor of this:

  1. Demanding that at least 20% of your central bank assets be in gold
  2. Disallowing any sale of said gold
  3. Require repatriation of all foreign-held gold

Don't you silly peasants know what's good for you? By making these demands, you "impinge on your central bank's ability to conduct monetary policy" and "curtail the SNB's independence"!

Then, check this out, also from the same Bloomberg story. Last year, even Thomas Jordan, the head of the SNB, got in on the act:

"SNB President Thomas Jordan took the extraordinary step of commenting on politics last year when he urged rejection of the initiative, saying it would crimp the Zurich-based institution’s independence and force it into “large-scale” purchases to meet the required 20 percent threshold."

Hmmm. "Large-scale purchases", just to get back to the 20% threshold? Well, that's interesting, now isn't it? And what about this repatriation requirement? Why should that be a big deal? The SNB currently provides this list of its gold storage:

  • 70% (728 mts) of the gold is already held in Switzerland
  • 20% (208 mts) is held at The Bank of England
  • and 10% (104 mts) is held at The Bank of Canada

I can't speak for the 104 metric tonnes held in Canada but the Swiss people should be very nervous about the gold the SNB allegedly stores in London (https://www.tfmetalsreport.com/podcast/5678/empty-vaults-london). Also, the SNB has been reticent to discuss where in Switzerland their gold is stored. Could this be because the "gold" is stored with the Bank of International Settlements for easy distribution and leasing? And where is the BIS? It's in Basel, of course. And where is Basel? It's in Switzerland!! How about that??

Look, I'll cut the chase here to save some time. Here's the "open letter":

To the good people of Switzerland:

You have been scammed and sold down the river. Your politicians and bankers, in a pathetic attempt to consolidate power and curry favor with the EU, have given away your independence and your historic sovereignty. You should be angry.

The initiative you have taken and the referendum you have planned are all well and good. I applaud you for taking these steps within the context of Swiss law and tradition. However, you must understand what is truly at stake and if you don't take more powerful and forceful acts soon, the likelihood of you ever regaining your birthright as an independent, sovereign nation is slim.

The next steps you undertake must include these:

  • Demand an immediate and full, independent audit of the SNB gold reserves. This is your gold, not the SNB's, and you should be allowed a full accounting.
  • All Swiss gold that is held domestically must be held in Swiss-owned bank vaults, not at the BIS.
  • Demand an immediate repatriation of all foreign-held gold. Do not accept excuses regarding "logistics". Give the BoE and the BoC no more than 90 days to return your gold.
  • Immediately de-peg the Franc from the Euro and divest yourself of all accumulated Euro holdings. Ignore the Keynesian shills who would have you believe that a strong currency is bad for economic growth.
  • Use the process of divesting yourself of the Euro to accumulate and rebuild your gold reserves. Then, use these reserves to once again partially back your currency.

The world is rapidly changing and tomorrow will not be like yesterday. The current global financial system, based upon promises, debt and unlimited fiat currency will one day soon by replaced by a system that returns the world to a sound money platform. The monetary powers of the 21st Century will come to the forefront by virtue of their accumulated reserves of sound money, not by their addiction to easy money.

You, Switzerland, still have time to act and prepare but you must move quickly. The possibility exists for you to reverse course and demand change but time is short. The end of the great Keynesian experiment is upon us. Reclaim your gold and your sovereignty now or be forever consigned to the trash heap of fiat currency history.

Faithfully submitted with all sincerity,

TF

About the Author

Founder
tfmetalsreport [at] gmail [dot] com ()

  152 Comments

  Refresh
benque
Aug 24, 2014 - 7:53am

Confiscation

I believe that confiscation is a very real threat to anyone owning assets in USA and other Western countries.

The outright confiscation of gold and silver ala FDR doesn't seem likely, as (I believe) a lesser percentage of the Western populations hold such physical assets as their personal insurance. And besides, well connected 1% may hold hoards of which we all might be very envious, and these must remain intact..LOL.

I believe the MYRA is the first step in the digital confiscation of all assets. The safety and security cards have been played in their initial forms, and now most are programmed to accept these premises. Just listen to the new ISIS rhetoric these past few days.

We must be prepared to see digital confiscation of assets through conversion of property values, automobile values, even paychecks. Retirement account confiscation has already begun, and public and private pension administrators will be forced to follow suit.

In what form will the confiscations be implemented? A name like “Homeland Security Bonds” comes to mind. “If you own it, then you must want to keep it safe from the terrist boogeymen...right?” “Transportation Safety Bonds” for a similar purpose.

All will be in the NAME of patriotism, and protecting YOUR so called freedoms. We will all be forced to accept the freedom to fund our oppressors, and the “right” of refusal will be terribly unpatriotic, so not allowed. Token penny-ante hoarders will be harshly penalized, and publicly displayed as traitors.

This isn’t the 1930's, so don’t expect the methods of the 1930's (except for the tried and true 1930's German methods). We must expect financial oppression to be propagandized as “for our own good”, and to oppose it will surely endanger every little boy and girl in your country. Now, you wouldn’t want that on your consience, would you?

Safety Dan
Aug 24, 2014 - 7:35am

Unholy Dalliance

Please read this - you will find where it came from.. And how 'honest' the Swiss banksters were..

Wonder where the BIS got their gold? See pages 21 & 22 of this document:

https://www.clintonlibrary.gov/assets/storage/Research%20-%20Digital%20Library/holocaust/theft/Box%20178/6997222-gold-team-papers-bis-bank-for-international-settlements.pdf

See page 12 for large transfers of gold in March 1945 to Brazil. Btw, where was Hitler reported to be in that newly printed book? . Just a passing thought...

The past supply has been 'tied up'. If you read the gold team papers bis document above, it might help clear up a bit about the past relationship of the BIS and US Treasury and where the gold came from. Always good to know the past as to how one might act in the future.

All this from my past link of BIS annual report is a - you may wish to read the entire post.

Marchas45
Aug 24, 2014 - 7:17am

@Unholy

I agree mostly with what your saying and sad to hear about your grandmother. The people of Switzerland are not to blame but the Banksters in Switzerland are and the rest of them all over the world. We have lost one beautiful thing that God has given us and that is TRUST.

Keep Stacking and Don't Keep It In A Bank. Damn times have changed.

Unholy Dalliancesilver66
Aug 24, 2014 - 6:48am

With regret, I disagree with F. Lips

I say this because I have documentary evidence of the duplicity of Swiss bank(ers).

My grandmother was a German. She was born in Berlin in 1868 (not a typo!) and she died in Terezin (Theresienstadt in German), the so-called 'model concentration camp' the Nazis created from an old castle on the outskirts of Prague in occupied Czechoslovakia. She died of dysentry in Terezin in 1942.

She was a fairly wealthy woman. Her parents were very wealthy, owning a furniture factory with a showroom close to the Prussian Royal Palace in a very fashionable part of Berlin. When my mother died, I 'inherited' a part of her papers, correspondence, legal documents etc. amongst which was an exchange of letters between my mother and her English bank asking them to make enquiries in Switzerland about her own mother's (my grandmother's) Swiss bank accounts - including one gold account. This correspondence exchange took place in 1946 - not in the 1950s or later. The long and the short of it is that the Swiss Bank denied point-blank any knowledge of my grandmother's bank accounts even though the were given the account numbers and approximate amounts the accounts contained. In other words, they just LIED. I don't see any reason to be polite about this. They lied to my mother's English bank who then conveyed the lie to my mother. My mother then gave up. She didn't have the means to continue the fight. That is exactly what they expected and this was played out 1000s and 1000s of times as relatives made enquiries about money and gold held in Swiss accounts - held there beacause those who died thought that the Swiss were HONOURABLE PEOPLE and that their property would be safe. It wasn't safe. You must bear in mind that the Swiss were bankers for the Nazis, too, by means of the Bank of International Settlements - and, Turd, Basel isn't strictly speaking in Switzerland. It is in three countries: France Germany and Switzerland. There was never any question that the Nazis could have occupied Switzerland if they had chosen to. Basel is on a plain: there are no mountains for miles around to protect the hinterland! Ask yourselves: why did they not occupy Switzerland? That is the proper question to ask.

I believe Lips is right about Bronfman but that it not the point. By the late 1990s, no one could prove or disproved anything regarding bank accounts of those caught up in the Nazi mass-murder operation. And it wasn't only Jewish people, let us remember: the Roma people, homosexuals (gays), those with disabilities, political opponents, priests, those who resisted in any way (partisans and members of resistance movements) etc., etc. were victims, too.

Safety Dan
Aug 24, 2014 - 6:21am

How things change. Please see

How things change. Please see standings & Swiss as posted a month ago. Maybe I should write author and ask him to change from #1.

Bank Of England Leads Push by Safety Dan

4 weeks 4 days ago

Bank Of England Leads Push For Deposit Confiscation - Japan, China, Russia Against Bail-Ins

Check this out for more information; For a hint of how the next

Great thoughts Dr. J. We know the numbers and such are not correct. Who wants their all/portion of savings taken in one time tax or bail in? How I wish others were open for knowledge as to what to look for as the cookie crumbles. Knowledge and action will help reduce the impact of the reset.

Btw, what do you think will happen to the price of Au & Ag once a bail in or one time tax happens in a G20 country?

Safety Dan
Aug 24, 2014 - 2:31am

Balanced Budget Amendments

Balanced Budget Amendments (BBA) Gut Our Constitution And Don’t Reduce Spending

Q: Doesn’t our Constitution already provide for controlling federal spending?

A: Yes. It lists the purposes for which Congress may spend money. Spending is limited by the “enumerated powers” listed in the Constitution:

  • If it’s on the list of powers delegated to Congress or the President, Congress may lawfully appropriate funds for it. Read the Constitution and highlight the delegated powers – then you will know what Congress may lawfully spend money on.
  • If it’s not listed, Congress may not lawfully spend money on it.

Q: What is the connection between the Oath of office (Art. VI, cl. 3) and federal spending?

A: All federal and State officials take an Oath to support the federal Constitution. The Constitution lists what Congress may lawfully spend money on. When people in Congress spend money on objects not listed in the Constitution; and when State officials accept federal funds for objects not listed (race to the top, common core, etc.) they violate their Oath to support the Constitution.

Read more at https://sonsoflibertymedia.com/2014/08/balanced-budget-amendments-bba-gut-constitution-dont-reduce-spending/#Go2EaHwW7Lpe2FqE.99

BagOfGoldSafety Dan
Aug 24, 2014 - 1:59am

Safety Dan...

I'm glad you & your wife enjoyed Miracle Tone & Hopalong!...Sometimes the best things in life are free...& they may set you free too!!!...

https://www.528records.com/pages/528hz-sound-miraculously-cleaned-oil-po...

Bag Of Gold

Safety Dan
Aug 24, 2014 - 1:25am

BIS's BS Members & Backroom Betrayals

From On Another Front - Real News by Safety Dan

See how many names you recognize - Meet the new boss, same as the old boss..

BIS Banksters Brazen Backroom Betrayals .

In closing, the following list identifies the current Board of Directors who preside over the Bank of International Settlements today, see if you recognize any of them.

The BIS Board of Directors:

Chairman: Christian Noyer, Paris

Mark Carney, London
Agustín Carstens, Mexico City
Luc Coene, Brussels
Jon Cunliffe, London
Andreas Dombret, Frankfurt am Main
Mario Draghi, Frankfurt am Main
William C Dudley, New York
Stefan Ingves, Stockholm
Thomas Jordan, Zurich
Klaas Knot, Amsterdam
Haruhiko Kuroda, Tokyo
Ann Le Lorier, Paris
Stephen S Poloz, Ottawa
Raghuram Rajan, Mumbai
Jan Smets, Brussels
Alexandre A Tombini, Brasília
Ignazio Visco, Rome
Jens Weidmann, Frankfurt am Main
Janet L Yellen, Washington
Zhou Xiaochuan, Beijing

Got Gold?

gazzmann
Aug 24, 2014 - 1:20am

@Missiondweller

Too right! Don't under estimate the German people. They started the gold repatriation trend didn't they? They're in the middle of end the FED as we speak aren't they.

It occurs to me maybe we should be doing our part by demanding the U.S. Gov. sends German gold back. And here in Canada, demanding we send Swiss gold back. Man would that squeeze them from both sides.

Safety Dan
Aug 24, 2014 - 1:16am

Are Central Banks Out of

Are Central Banks Out of Options?

And for a reminder of those who forgot what banks failings were like prior to the 1930's, and how they are going to be in the future, (thanks bail in), watch this video;

And it's gone (original)

Subscribe or login to read all comments.

Contribute

Donate Shop

Get Your Subscriber Benefits

Private iTunes feed for all TF Metals Report podcasts, and access to Vault member forum discussions!

Key Economic Events Week of 10/19

10/19 11:45 ET Goon Chlamydia
10/20 8:30 ET Housing Starts
10/20 1:00 pm ET Goon Evans
10/21 10:00 ET Goon Mester
10/21 2:00 pm ET Fed Beige Book
10/22 8:30 ET Initial Jobless Claims
10/23 9:45 ET Markit Oct flash PMIs

Key Economic Events Week of 10/12

10/13 8:30 ET CPI and Core CPI
10/14 8:30 ET PPI
10/14 9:00 ET Goon Chlamydia
10/15 8:30 ET Philly Fed
10/15 8:30 ET Empire State Idx
10/15 8:30 ET Import Price Idx
10/16 8:30 ET Retail Sales
10/16 9:15 ET Cap Ute & Ind Prod
10/16 10:00 ET Business Inv

Key Economic Events Week of 10/5

10/5 9:45 ET Markit Svc PMI
10/5 10:00 ET ISM Svc PMI
10/5 10:45 ET Goon Evans
10/6 8:30 ET Trade Deficit
10/6 10:00 ET JOLTS job openings
10/6 10:45 ET Chief Goon Powell
10/7 2:00 ET Sept FOMC minutes
10/7 3:00 ET Goon Williams
10/8 8:30 ET Initial jobless claims
10/9 10:00 ET Wholesale Inventories
10/9 12:10 ET Goon Rosengren

Key Economic Events Week of 9/28

9/29 8:30 ET Advance trade in goods
9/29 9:00 ET Case-Shiller home prices
9/29 10:00 ET Consumer Confidence
9/30 8:15 ET ADP employment report
9/30 9:45 ET Chicago PMI
10/1 8:30 ET Personal Income and Spending
10/1 8:30 ET Core Inflation
10/1 9:45 ET Markit Manu PMI
10/1 10:00 ET ISM Manu PMI
10/2 8:30 ET BLSBS
10/2 10:00 ET Factory Orders

Key Economic Events Week of 9/21

9/21 8:00 ET Goon Kaplan
9/21 10:00 ET Goon Evans
9/21 Noon ET Goon Brainard
9/21 6:00 pm ET Goon Williams & Goon Bostic
9/22 10:30 ET Chief Goon Powell on Capitol Hill
9/22 Noon ET Goon Barkin
9/22 3:00 pm ET Goon Bostic again
9/23 9:00 ET Goon Mester
9/23 9:45 ET Markit flash PMIs for September
9/23 10:00 ET Chief Goon Powell on Capitol Hill
9/23 11:00 ET Goon Evans again
9/23 Noon ET Goon Rosengren
9/24 1:00 pm ET Goon Bostic #3
9/24 2:00 pm ET Goon Quarles
9/24 10:00 ET Chief Goon Powell on Capitol Hill
9/24 Noon ET Goon Bullard
9/24 1:00 pm ET Goon Barkin again & Goon Evans #3
9/24 2:00 pm ET Goon Bostic #4
9/25 8:30 ET Durable Goods
9/25 11:00 ET Goon Evans #4
9/25 3:00 pm ET Goon Williams again

Key Economic Events Week of 9/14

9/15 8:30 ET Empire State and Import Price Idx
9/15 9:15 ET Cap Ute and Ind Prod
9/16 8:30 ET Retail Sales
9/16 10:00 ET Business Inventories
9/16 2:00 ET FOMC Fedlines
9/16 2:30 ET Powell Presser
9/17 8:30 ET Philly Fed
9/18 8:30 ET Current Acct Deficit

Key Economic Events Week of 9/7

9/9 10:00 ET JOLTS job openings
9/10 8:30 ET Initial jobless claims
9/10 8:30 ET PPI
9/10 10:00 ET Wholesale Inventories
9/11 8:30 ET CPI
9/11 9:45 ET Core CPI

Key Economic Events Week of 8/31

9/1 9:45 ET Markit Manu Index
9/1 10:00 ET ISM Manu Index
9/1 10:00 ET Construction Spending
9/2 8:15 ET ADP employment
9/2 10:00 ET Goon Williams
9/2 10:00 ET Factory Orders
9/3 8:30 ET Initial jobless claims
9/3 8:30 ET Trade Deficit
9/3 12:30 ET Goon Evans
9/4 8:30 ET BLSBS

Key Economic Events Week of 8/24

8/24 8:30 ET Chicago Fed Idx
8/25 10:00 ET Consumer Confidence
8/26 8:30 ET Durable Goods
8/27 8:30 ET Q2 GDP 2nd guess
8/27 9:10 ET Chief Goon Powell Jackson Hole
8/28 8:30 ET Pers Inc and Consumer Spend
8/28 8:30 ET Core Inflation
8/28 9:45 ET Chicago PMI

Key Economic Events Week of 8/17

8/17 8:30 ET Empire State Manu Idx
8/17 Noon ET Goon Bostic
8/18 8:30 ET Housing Starts
8/19 2:00 pm ET July FOMC minutes
8/20 8:30 ET Jobless claims
8/20 8:30 ET Philly Fed
8/20 10:00 ET LEIII
8/21 9:45 ET Markit flash PMIs July

Recent Comments

Forum Discussion

by Pete, Oct 25, 2020 - 8:55pm
by Green Lantern, Oct 25, 2020 - 3:35pm
by 11IMIX, Oct 25, 2020 - 2:34pm
randomness