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Message: Re: Swiss Bankers Squeal

Nov 21, 2014 10:04AM

Good find, G4G! Thanks for posting that.

Curious that this news comes vitually days before the Swiss vote. It's almost telling Swiss voters that they need to vote for the initiative. However, as stocks benefit by lower interest rates, at least in the short term, it could have the opposite effect on Swiss voters who will feel richer as they go to the polls. This will make them more likely to vote no (given their currency is tied to the Euro).

This may be less an attempt to manipulate Swiss voters than it is a response to massive new money printing recently announced by Japan. In stock market terms, call both moves amount to "money dilution".

...good for gold WHICH IS BACK OVER 1,200 at the moment.


Nov 21, 2014 10:52AM

Nov 21, 2014 11:45AM

Nov 21, 2014 12:24PM
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