Swiss National Bank out with 2016 earnings to end-Sept 31 Oct
– 9-month gold valuation profit CHF 7.5bln
– 9-month profit on fx positions CHF 20.3bln
– 9-month profit on CHF positions CHF 1.3bln, of which CHF 1.1bln from neg interest rate charges
Some of you I know are still throwing darts at images of Jordan & Co so will take no joy at seeing these latest SNB earnings.