Today the man who remarkably predicted the collapse of the euro against the Swiss franc just 45 days ago shares more shocking predictions for 2015 with King World News. This interview takes a trip down the rabbit hole of central bank lies and deception and eventual collapse.
Greyerz: “Eric, what a day. Currency wars in 2015 are starting with a massive capitulation of the Swiss National Bank. As I have predicted for months, the SNB finally released the peg between the euro and Swiss franc at 1.20. This caused massive moves in the currency markets as well as massive losses for the Swiss National Bank….ie the Swiss National Bank has just suffered losses of 80 Billion Swiss Francs - that's over 10% of Swiss GDP.