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Month: January 2015

IMF Surprised they Were Not Warned By Swiss

Yes IMF’s Christine Lagarde says she was surprised she was not contacted by the Swiss. Lets get real. She has no credibility and could offer nothing to the...

Black Thursday – January 15, 2015

  It is being called Black Thursday. There was a tremendous natural short-position in the Swiss franc with all the people who borrowed Swiss to save on...

Gold – Dollar – Euro

  We are in a very fluid period, which can be confusing, yet it is important to comprehend that NOTHING but NOTHING is ever PERMANENT. On the one hand, gold...

Centralized v Localized Government

  The problem with the Euro has been the secret design to federalize Europe. It is one thing to create a central government for the major issues of...

The Swiss Dollar Levels – The Flight from Euroland

  The extreme support for the Swiss against the dollar lies at the 80-81 level. Resistance forms now at the 88-90 area followed by 93. The extreme collapse was...

The Coming Mortgage Panic Set-Off By Swiss

During the 1980s, Australians were hit hard as banks had sold them mortgages in Swiss francs to save them on interest rates. The next shoe to fall is the Swiss...

Gold – The January Pop – On Schedule?

  Back in December, we warned that gold would produce a pop and that the main resistance was in the 1250-1275 level. We now need a closing ABOVE 1250.50...

Swiss Peg Collapses – The Euro’s Nightmare

On September 6th, 2011 the Swiss National Bank (SNB) was aiming for a substantial and sustained weakening of the Swiss franc after Swiss companies threatened to...

Swiss Abandon Peg to Euro – The Euro is Dead – Long Live the Swissy

The Swiss franc has risen by almost 30pc against the euro after the central bank shocked global markets by abandoning its long-standing peg to the euro imposed in...

European Leaders Mourn Death of the Euro?

  One of our readers made this photo to reflect another aspect of reality. The lack of political free speech in the European financial community led to...