Monthly Archives: January 2015

Currency Contagion

Something big is clearly going on. BoC lowering overnight lending rate by 25 basis points is a major move that will further weaken the Canadian dollar.  The BoC appears to be joining other countries (plus Euro) in depreciating its currency … Continue reading

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Swiss Franc

Wow.  Talk about shock and awe.  Destroyed anyone short the Franc.  I think the SNB wanted to decouple the Franc from the Euro before QE starts next week. Absolute turmoil in the markets right now.  Oil, copper, US$ index pushing … Continue reading

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2015 – It ain’t going to be pretty

This is a collection of predictions for 2015 by various thinkers.  Not much to be hopeful about, unless you like chaos and calamity. – James Kunstler – The giant con.  Each dollar of debt generates less than a dollar of … Continue reading

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