Thursday, January 15, will be remembered as the day Switzerland abandoned its peg to the Euro

The Swiss defended their policy to peg to the Euro, but suddenly reversed, limiting their losses

They admitted they were wrong

Although the Swiss stock market went down in their currency, it was up in every other currency

Gold is up against everything except the Swiss franc

The news in the Swiss market will be a tremor compared to the earthquake if the Chinese abandon their peg both to the Hong Kong Dollar and the Yuan

America will win the currency war to the detriment of the American people