Swiss banks looking for US clients again

[technovelist]

https://www.globalgold.ch/single-post/S ... US-Clients

[ochotona]

Not with Swiss negative yielding bonds!!!

[technovelist]

Not with Swiss negative yielding bonds!!!

That doesn't affect holding gold in Switzerland.

[ochotona]

I just don't see the value proposition. The article said nothing.

[dualstow]

Their formerly large list of clientele now looks like their most famous cheese.

[ochotona]

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.

[technovelist]

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.

[l82start]

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?

[Kriegsspiel]

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.

[technovelist]

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.

[boglerdude]

taxation is theft? Throw the disabled into a volcano?

[l82start]

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??