Tweet of the Week

#1: Most people get paid not to think... and for good reason.
— GS Elevator Gossip (@GSElevator) January 18, 2015

Nomi Prins - Gold Will Increase Gradually in 2015

From Greg Hunter

Gerald Celente - Gold Should Be At $2,000 An Ounce

From Kitco NEWS

Jim Willie: Swiss De-peg Triggers Massive Derivative Crisis

From SilverDoctors

Andy Hoffman - The Swiss Silver & Gold Game Changer

From SGTreport.com

Increased Demand for Gold Following SNB Move

SD Metals and Markets - Swiss National Bank Goes Nuclear

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.

Swiss Franc & Gold Spike, More Money Printing Coming

From Greg Hunter

Silver spikes 4% in ongoing market turmoil

Silver has spiked over 4% in overnight trading 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 of 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 days and weeks.

Rick Rule on Oil and Peter Schiff on Switzerland ditching its currency cap

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.