
The Peter Schiff Show Podcast Switzerland Loses Currency War Swiss Win – Ep. 44
Jan 15, 2015
17:02
* 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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