Bill’s Commentary:
”I don’t know, because Treasury yields are actually below the true inflation (debasement) rate?”
Why investors are ditching bonds for gold in 2025
Gold has surged to the top of investors’ wish lists in 2025. The yellow metal, long revered as a hedge against inflation and geopolitical turmoil, has seen its price rocket to record highs above $3,600 (€3,080) per ounce, delivering returns of nearly 40% year-to-date ––gold’s best year since 1978.
While global equity markets have delivered positive returns this year, they remain well behind gold’s performance. In contrast, bonds are enduring yet another year of disappointing performance.
Bill’s Commentary:
”How much is your time worth?”
Bill’s Commentary:
”The height of stupidity!”
Swiss voters narrowly approve plan for electronic ID cards
Swiss voters have narrowly approved a plan to introduce voluntary electronic identity cards.
With all votes counted, 50.4% of those who voted said yes to the proposal, while 49.6% rejected it.
The closeness of the ballot is a surprise. Opinion polls had suggested up to 60% backed digital IDs, which also had the approval of the Swiss government, and both houses of parliament.
BillHolter.com 
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