Switzerland Money Supply Up to June 2017

Take from Swiss National Bank website on 11 August 2017.

M3 Defintion:

Composition of monetary aggregates Banknote circulation (excluding bank holdings) + Sight deposits at commercial banks + Sight deposits held by trade and industry, SNB depositors + Postal accounts (excluding bank balances) = M1 aggregate + Time deposits, savings deposits, savings and deposits books at commercial banks = M3 aggregate

https://www.snb.ch/en/mmr/reference/histz_geldmengen_book/source/geldmengen_book.en.pdf

Paul Ryan: Most Insidious Harm to Citizens Caused by Governments Debasing Currency

Paul Ryan speaking at the Sound Money Forum on 8 Dec 2010:

"There is nothing more insidious that a government can do to its countrymen than to debase its currency."

https://youtu.be/V17fxtJDTHU: 3 minutes and 36 seconds in

Euros Money Supply Up to June 2017

Monetary aggregate M3 for the euro area up to June 2017 for non-MFI European Residents excluding central government reported by MFI & central government and post office giro institutions in the euro area. Neither seasonally nor working day adjusted

M3 consists of currency in circulation, overnight deposits, deposits with an agreed maturity of up to two years, deposits redeemable at notice up to three months, repurchase agreements, money market fund shares/units, money market paper and debt securities with a maturity of up to two years and is net of unit/shares of money market funds, money market paper and other short-term securities with a maturity of up to two years issued by MFIs and held by non-euro area residents (as published from November 2001).

Monetary financial institutions (MFIs) are resident credit institutions as defined in European Union (EU) law

Information taken from the European Central Bank (ECB) website on 5 August 2017.

IMF Policy Discussion: Suspending Large Denomination Notes Makes Cash More Expensive to Use

The IMF stated in its August 2017 Negative Interest rates policy paper (page 42) that:

"Suspending issuance of large denomination notes would increase the cost of using cash as
a store of value and presumably allow for a more negative rate."

http://www.imf.org/en/Publications/Policy-Papers/Issues/2017/08/03/pp080317-negative-interest-rate-policies-initial-experiences-and-assessments?cid=em-COM-123-35723

Full Reserve Banks

The companies that state they provide full backing for the monies you deposit with them are:

GoldMoney
https://support.goldmoney.com/customer/en/portal/articles/1946269-ownership-safety-and-security-of-your-gold  (see reference to fully allocated which refers we understand to physical holdings of gold held in your name; clearly once you have paid for gold the currency denominated price of gold can vary)

Euro Pacific Bank
https://europacbank.com/company/security/ which states that they hold a 100% deposit ratio

In contrast, the vast majority of banks do not hold enough cash or liquid assets to repay the majority of customers for their deposits immediately. Consequently customers risk losing their deposits if a bank goes insolvent unless they are covered by a government deposit guarantee scheme.

Note: undertake your own due diligence exercise and seek financial advice where necessary before using any financial or investment institution. Currency Safe does not provide financial advice.