The terrorist attacks in Paris have fixated the world’s attention on the contrast between competing worldviews and what constitutes acceptable behavior in modern society. What are the principles by which society should be organized and run? Who gets to set those...
Yesterday’s move by the Swiss National Bank was totally unexpected and brutal in it’s consequences. Removing the peg from the EURCHF caused the Swissie to rally 40% immediately causing stops to be triggered. Major FX markets moving this much in a single day is unheard...
With the gold market soaring and major turmoil in currency markets on the heels of the stunning news out of Switzerland, today one of the great minds in the business sent King World News a timely piece that contains the wisdom of Jim Rogers and Benjamin Graham...
The extreme support for the Swiss against the dollar lies at the 80-81 level. Resistance forms now at the 88-90 area followed by 93. The extreme collapse was due to the tremendous losses incurred by the central bank and the complacency among traders, including hedge...
100% of economists predicted yields on the long end of the US treasury curve would rise in 2014. Instead, they dropped all year. And just two weeks into January of 2015, the 30-year long bond made a new intraday record low of 2.39%, breaking the previous low of 2.44%...