NEWS

Bitcoin gold launched

                                                       

                                                                                   precious metals picture

Bitcoin gold launched following hard fork

A new cryptocurrency called bitcoin gold was launched on Tuesday as a hard fork was completed following block 491,407 on the bitcoin blockchain, creating a new one incompatible with the existing chain. All bitcoin owners will receive the new digital currency at a 1:1 ratio.

Bitcoin gold aims to change the mining algorithm by implementing the Equihash algorithm in an effort to bring back greater decentralization to the mining community. The project was proposed by Jack Liao, CEO of LightningASIC, a Hong-Kong-based company that produces cryptocurrency hardware.

The last hard fork occurred in August, when bitcoin cash was created, which resulted in bitcoin owners earning over 20% of the dollar value they had in bitcoin at the time. During the pre-launch, bitcoin gold was worth $397.22, while the trading volume in the past 24 hours was almost $9 million.

October 24th, 2017

From Teletrader News

Stocks Drop, Gold Leads Haven Rally on Korea Fears

On August 7th on the Swiss ProfilInvest Web site, visitors could read the French article "Twilight over the markets": 

Today, August 29th, it seems that we have begun the consolidation :

 

Stocks slumped around the world and havens including gold jumped after North Korea fired a ballistic missile over Japan, rattling markets from New York to London to Sydney. Gasoline climbed as energy companies braced for another hit from Tropical Storm Harvey.

 

SOTHEBY'S SALES vs S&P 500 : a good indicator ?

BID vs SPX

Above you will find the graph of Sotheby's shares compared to the S&P 500 indice. 

What do you see?

1. Sotheby's share price makes long-term cycles. These cycles depends on auctions sales and profits reflecting the most wealthy clients' will to save a part of their fortune through the purchase of art works.

2. The overextension of Sotheby's share price compared to the S&P 500 indice tends to validate an end-of-cycle or a correction in stock markets (1999 and then 2007, 2011, and 2013).

3. During the last move from 2016 to 2017, Sotheby's share price has risen strongly but has not shown a speculative extension of its rise versus its indice yet. Then, it seems that the upside phase might continue a couple of months, though it might become more speculative. And we cannot exclude a short-term correction.

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Written by Jean-Pierre Riepe on July 27th, 2017 

 

Small is beautiful again

blue flower

Small is beautiful again, why ?

Because in a world of social, cultural, and technological changing rules, 

small organisations have a tactical advantage of being :

  • dynamic
  • flexible
  • client oriented
  • cooperative
  • and open minded.

And Swiss ProfilInvest tends to offer these advantages to his clients through the leitmotiv "Donner un sens à la finance".

Visit our Web site www.swissprofilinvest.ch 

Entête lettres Logo SPI 11.2016

Rebalance between equities and commodities ?

Stocks to Commodities Ratio

Sometimes a picture shows much more than 1000 words.

What can we conclude ?

  • either commodities are undervalued
  • either shares are overpriced
  • or both have reached extremes and should reduce the gap  to reach the median line.

Please feel free to send a message to This email address is being protected from spambots. You need JavaScript enabled to view it. if you need more information or wish to know which commodity is the favorite one.

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