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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Snowshoe who wrote (109796)	1/17/2015 9:28:07 PM
From: Elroy Jetson	2 Recommendations Recommended By clochard dvdw© Read Replies (3) \| Respond to of 217544

Dear God in heaven, everyone seems to have thought that the Swiss Franc was a guaranteed one-way trade, borrow a billion Francs at nearly zero percent interest and buy almost anything else. The one pressure the Swiss central bank probably received from bankers, which I hadn't thought of is pretty obvious. All of the unsavory people who had deposited trillions of Francs in Swiss banks may decided to remove their deposits if the Swiss Franc were to follow the Euro down in value. I still think there must some large investors who won by borrowing Euros and purchasing Francs. But people are odd. Many years ago the roulette wheel at the casino at Baden Baden came up Red 36 times in a row, and it wiped-out all of the betters as there was a mad rush to bet on Black. Only the casino won.

To: Snowshoe who wrote (109796)	1/18/2015 12:42:44 AM
From: Haim R. Branisteanu	1 Recommendation Recommended By Read Replies (2) \| Respond to of 217544

Very sad, I can imagine how many small investors got wiped out I do think that this move by SNB is not right as a understatement The psychopathic attitude of a public servant is astonishing. I would not buy the notion that they were unaware of the damage they inflicted and I tend to believe that is was done on purpose due the malice desire The more I read of the damage inflicted the more I am sadden, after all I see it now as a barbaric gesture of a public servant that acted recklessly destroying wealth on one side and transferring same to the other side by the strike of a pen The question is why do it this way and not in a gradual way with plenty of hints of your intentions.