*SWISS CENTRAL BANK CUTS KEY INTEREST RATE BY 25BPS TO 0.0%, LOWEST SINCE JUNE 2022$CHF 🇨🇭🇨🇭 pic.twitter.com/Ajfw639gAz
— Investing.com (@Investingcom) June 19, 2025
Zero yields are back!
For those who believed zero and negative interest rates were something of the past. It already happened again, even without a new economic or financial crisis.
The Swiss National Bank cut interest rates to zero today to prevent the Swiss franc from appreciating further and import more deflationary pressures.
With investors and central banks fleeing the US dollar, Swiss franc inflows have been exceptionally strong, pushing down inflation.
In addition, the Swiss central bank signaled it could go even further, likely implementing negative interest rates again.
I have little doubt that when another crisis or recession arrives, central banks won’t hesitate to take rates back to zero or below. Especially since inflation is a must-have in a world where GDP growth is financed by debt!
Zero yields are back!
For those who believed zero and negative interest rates were something of the past. It already happened again, even without a new economic or financial crisis.
The Swiss National Bank cut interest rates to zero today to prevent the Swiss franc from… pic.twitter.com/MMDfRC6EQS
— jeroen blokland (@jsblokland) June 19, 2025
If you think silver will eventually hit $100…
Crude oil is also most likely going to be north of $300, maybe more than $400 at around the same time.
Purchasing power destruction and capital rotation towards commodities are a real thing.
— Patrick Karim (@badcharts1) June 18, 2025
No narratives or conspiracy theories required. Gold, oil, sugar, silver plus many, many more are all affected by the same capital flows and, broadly speaking, follow the same path. If gold and silver are going up, oil will move past $100 and likely past $200 as well. pic.twitter.com/eR7yCepKgt
— Northstar (@NorthstarCharts) June 19, 2025