Saturday 17 January 2015 It would seem that last week's rally in gold was Swiss National Bank-driven, plain and simple. It is difficult to get a handle on the ramifications of what just happened with the Swiss "unpegging" from the Euro. It was becoming prohibitively expensive for the SNB to keep buying Euros and trashing their own economy in the process. Ostensibly, this is a tale of a central bank telling the US and the rest of the EU, enough!
Read more about Gold And Silver - Swiss National Bank Rally. Enough For A Change?
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