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Switzerland Loses Currency War Swiss Win – Ep. 44

Author
Peter Schiff
Published
Thu 15 Jan 2015
Episode Link
https://schiffradio.com/switzerland-loses-currency-war-swiss-win-ep-44/?utm_source=rss&utm_medium=rss&utm_campaign=switzerland-loses-currency-war-swiss-win-ep-44





* The Swiss people have given up the inflation ghost to win the currency war

* Media reports negative on the news: "silly decision"

* Oil down against the Swiss Franc

* Swiss stocks up in U.S. dollars

* Wall Street expects Eurozone QE, but without Swiss, QE might be less likely

* Gold up against other currencies

* Franc surging in value against the dollar

* This move may signal economic reform

* Unfortunately Janet Yellen is not going to get this memo

* Volatility from Swiss move is nothing compared to consequences of a U.S. QE 4

* This move is bearish for the U.S. market

* Buckle up, it's going to be a bumpy ride


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