Comments on: Are currency wars ahead?

By: Is intervention Loon(m)ing in Canada? | fxmadness.com

Is intervention Loon(m)ing in Canada? | fxmadness.com — Wed, 26 Aug 2009 16:44:22 +0000

[...] to be taking example from Swiss National Bank. Should more central banks do it, we might have currency wars, with everybody trying to have weakest money [...]

By: Swiss secrecy and Franc. | fxmadness.com

Swiss secrecy and Franc. | fxmadness.com — Sun, 15 Mar 2009 16:16:35 +0000

[...] market, pushing it down. Was there a connection between these two events? One of comments to the last post suggests that Swiss government compensated bank customers for breach of trust, by telling them to [...]

By: admin

admin — Sun, 15 Mar 2009 14:25:00 +0000

Very funny, Alex. Still celebrating Liverpool’s victory? In all honesty, though, nothing would surprise me any more. Not even AIG bonuses.

By: Michelle

Michelle — Sun, 15 Mar 2009 14:07:33 +0000

And I thought the strange news only originated here in US. Like the bonuses for AIG executives. But I see Europe is not immune as well.

By: Alex

Alex — Sun, 15 Mar 2009 12:54:38 +0000

Conspiracy theory about SNB intervention. This was a compensation to all those whose records will loose secrecy status for tax evasion purposes. They were told to short Franc and made few backs in the process. Courtesy of Swiss financial authorities.

By: Heather

Heather — Sun, 15 Mar 2009 02:08:48 +0000

Interesting point. First the Central Banks were cutting rates as fast as possible. Now, with not much left to cut, they will look for other ways to move their economies. Who knows? Devaluation of own currencies might be the thing.

By: admin

admin — Sun, 15 Mar 2009 02:04:47 +0000

Thank you for kind comment.

By: Stacey Derbinshire

Stacey Derbinshire — Sat, 14 Mar 2009 18:45:09 +0000

I found your blog on google and read a few of your other posts. I just added you to my Google News Reader. Keep up the good work. Look forward to reading more from you in the future.