The whole idea of creating the Euro without consolidating the debts was the BRAIN-DEAD idea of academics with ZERO trading experience and lawyers. We really...
Obama has pulled a clever trick. He could not get guns outlawed so he has used the backdoor twice now. First, the Justice Department has been buying up ammunition...
The move in the Swiss was extraordinary because of the massive short-Swiss through loans and their own buying of Euros. The audacity of the IMF to even state they...
Notice that the DAX has held up the best even against the Dow. Why? Capital continues to move within Europe to Germany assuming the Euro will crack and they...
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...
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...
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...
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...
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...
