Swiss banks looking for US clients again

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technovelist
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Swiss banks looking for US clients again

Post by technovelist » Mon Sep 09, 2019 8:14 am

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ochotona
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Re: Swiss banks looking for US clients again

Post by ochotona » Mon Sep 09, 2019 9:50 am

Not with Swiss negative yielding bonds!!!
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Re: Swiss banks looking for US clients again

Post by technovelist » Mon Sep 09, 2019 10:06 am

ochotona wrote:
Mon Sep 09, 2019 9:50 am
Not with Swiss negative yielding bonds!!!
That doesn't affect holding gold in Switzerland.
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Re: Swiss banks looking for US clients again

Post by ochotona » Mon Sep 09, 2019 10:16 am

I just don't see the value proposition. The article said nothing.
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Re: Swiss banks looking for US clients again

Post by dualstow » Mon Sep 09, 2019 11:51 am

Their formerly large list of clientele now looks like their most famous cheese.
https://www.reddit.com/r/TactiCat
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Re: Swiss banks looking for US clients again

Post by ochotona » Mon Sep 09, 2019 1:43 pm

The woman whose is headlining the article is butt-ugly. If it were Russian wealth advisors, at least it would be a pretty girl portrayed. But then your money would be gone. The Swiss will take it slowly, at least, while you eat your raclette.
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Re: Swiss banks looking for US clients again

Post by technovelist » Mon Sep 09, 2019 2:46 pm

Ok, I guess no one here thinks it is important that Swiss banks are taking US clients again.
I'm pretty sure that Harry Browne would have thought differently, but he isn't around to discuss it.
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Re: Swiss banks looking for US clients again

Post by l82start » Mon Sep 09, 2019 7:03 pm

doesn't the new "we fill out all the paperwork and us government regulations" accounts that just opened up to Americans kinda defeat the whole purpose of Swiss accounts and geographic diversification?
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Re: Swiss banks looking for US clients again

Post by Kriegsspiel » Mon Sep 09, 2019 7:50 pm

I have to agree with ocho here. If they were serious, there'd be a hot Russian chick on that web page. Fucking amateurs, I'm honestly embarrassed for them.
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Re: Swiss banks looking for US clients again

Post by technovelist » Mon Sep 09, 2019 8:52 pm

l82start wrote:
Mon Sep 09, 2019 7:03 pm
doesn't the new "we fill out all the paperwork and us government regulations" accounts that just opened up to Americans kinda defeat the whole purpose of Swiss accounts and geographic diversification?
Of course it would be better for privacy if they didn't have those rules, but there are still advantages to having some assets outside the US even if the government knows all about them.
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Re: Swiss banks looking for US clients again

Post by boglerdude » Mon Sep 09, 2019 9:43 pm

taxation is theft? Throw the disabled into a volcano?
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Re: Swiss banks looking for US clients again

Post by l82start » Mon Sep 09, 2019 10:31 pm

technovelist wrote:
Mon Sep 09, 2019 8:52 pm
l82start wrote:
Mon Sep 09, 2019 7:03 pm
doesn't the new "we fill out all the paperwork and us government regulations" accounts that just opened up to Americans kinda defeat the whole purpose of Swiss accounts and geographic diversification?
Of course it would be better for privacy if they didn't have those rules, but there are still advantages to having some assets outside the US even if the government knows all about them.
the benefit will probably depend on the fine print in the rules, can you get there and retrieve it before the US can freeze it or seize it??
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