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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (772)	4/4/2018 9:20:30 AM
From: robert b furman	Read Replies (1) \| Respond to of 13775

Hi el, One thing for sure - they've been buying the dip. If they are correct, and I think they are - their capital standards will be unquestioned. In a global synchronized reflation scenario equities will be the preferred asset, not bonds and not cash. It 's a big ballsy bet - maybe they are copying the BOJ? SNB = gone parabolic! Be nice to know someone in the bank and sell when they do!!! <smile> Bob

To: elmatador who wrote (772)	4/4/2018 2:00:24 PM
From: Elroy Jetson	Respond to of 13775

This Swiss National Bank, unlike the Fed, is a privately held joint-stock cooperative. The shares are held by Swiss governments, Swiss banks and private shareholders. SNB was most likely a venture capital investor in early Facebook. The Swiss are still quite frugal and expect their central bank to make money. They're not a typical central bank. In 2008 when big Swiss banks UBS and Credit Suisse needed bailing out, the new shares were sold to investors in places like Kuwait rather than money from the Swiss National Bank. Swiss banks funded Nestle as they bought food companies around the world. Nestle products make up a big percentage of the packaged foods in stores in the US and around the world. Look up their brands - it's quite amazing.