Published on Jan 16, 2015
A day after the Swiss National Bank SHOCKED the market by de-pegging the franc from the Euro, causing a 30% move in the CHF Thursday, Jay Taylor joins The Doc & Eric Dubin to break down all of the implications.
From SilverDoctors Published on Jan 16, 2015 A day after the Swiss National Bank SHOCKED the market by de-pegging the franc from the Euro, causing a 30% move in the CHF Thursday, Jay Taylor joins The Doc & Eric Dubin to break down all of the implications.
0 Comments
Silver has spiked over 4% overnight with gold trailing with a 1% rise. Markets are still roiling in the wake of the Swiss National Bank de-pegging the Franc from its tight exchange band with the Euro. Fallout from the surprise decision is still being felt in 10%+ declines in major Swiss firms share prices and more worryingly several trading firms dealing in FX have collapsed due to leverage extended to their clients for EUR:CHF shorts. Shades of the MF Global collapse could be on the cards over the coming weeks.
From Boom Bust Published on Jan 15, 2015 The Swiss National Bank shocked financial markets on Thursday by ditching its policy of capping the Swiss Franc to the Euro. The unexpected move sent the safe-haven currency souring up as much as 41% against the Euro. Stocks plunged amidst fears of what this would do to Switzerland’s very export reliant economy. It was the biggest single-day depreciation in a major currency of all time! Erin weighs in. From Greg Hunter Published on Jan 11, 2015 Dr. Laurence Kotlikoff, formerly a top economist in the Reagan Administration, thinks if things get out of control, we’ll get hyperinflation--not deflation. Dr. Kotlikoff warns, “I think it’s already gotten out of control because of the amount of money that has been printed. I don’t think anything fundamental has been done in the U.S. or Europe to address the structural issues. The banking system is in riskier shape than it was. There is nothing in the Dodd-Frank legislation that I see in terms of keeping us from anther meltdown or another run on the banks that we had before. I do worry about that, and I worry that in the U.S. we have no adult leadership in either party. . . . Social security is 33% under-financed, according to its own trustees report. . . . Our entire fiscal enterprise is about 58% under-financed, meaning we need a 58% immediate increase in our taxes to cover all the spending that we have. . . . So, the country is really broke.” Join Greg Hunter as he goes One-on-One with renowned economist Dr. Laurence Kotlikoff. From GoldSeek.com Radio From RT Published on Jan 10, 2015 In this episode of the Keiser Report, Max Keiser and Stacy Herbert, back in the London studio, have brought Paul Schulte back with them from Hong Kong. Paul is an author, analyst and professor, who debunks the myths in the Western media about mainland China and how it is that Chris Patten, the former governor of Hong Kong, set in motion the problems we see today in the streets of the former British dependent territory. In the second half, Max speaks to WilliamBanzai7, the artist for the financial apocalypse now, who features on Zerohedge.com. They discuss the Umbrella Revolution and what inspires his art. From RT Published on Jan 8, 2015 In this episode of the Keiser Report, Max Keiser and Stacy Herbert from Hong Kong discuss the ‘social tragedy’ of subdivided flats and the booming market for ‘dim sum’ bonds. In the second half, Max speaks to Dr Fernando Cheung Vice Chairman of the Labour Party and one of the prominent figures of.the Umbrella Movement about the protests in Hong Kong, the capital from the Mainland and the comparison to protests in America, especially places like Oakland, where Dr. Cheung, was politically active. |
Follow our CEO on Twitter
Favourite videos
Archives
August 2016
|