Swiss Franc & Gold Spike, More Money Printing Coming, Muslim Saves Jews From Terrorist
Switzerland made a surprise move to remove its cap with the franc
against the Euro. This cap kept the two currencies the same value, but
not anymore. Why was this every-man-for-himself action taken by the
SNB? It appears more money printing is coming, and this time it will
come from the European National Bank (ECB.) It appears Switzerland
wants protection from inflation.
My friend Gregory Mannarino
from TradersChoice.net gave me his take today. Mannarino says the Swiss
are getting ahead of an announcement that will probably come from the
ECB next week that it, too, is going to embark on massive Federal
Reserve style QE, or money printing. Mannarino also says the Euro will
continue to plunge on the new probable money printing announcement, and
that will produce a spike in the U.S dollar. As the U.S dollar moves
up, the Fed will have the cover needed to bring it back down by
introducing another round of money printing we affectionately call QE4.
.
Radical cleric Anjem Choudhury called the latest cartoon from Charlie
Hebdo “an act of war,” but not all Muslims want violence. Case in
point, did you know that a Muslim from Mali working in that kosher
market in France saved the lives of six Jews, including a baby? He led
the group to the freezer during the deadly attack, turned it off and
told everyone to stay calm until the attack was over. He saved them.
This story was reported in the Israeli press.
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