Will China Pull a Switzerland on the U.S. Dollar?

Published: Jan. 17, 2015, 4:21 a.m.


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\n\t* Thursday, January 15, will be remembered as the day Switzerland abandoned its peg to the Euro
\n\t* The Swiss defended their policy to peg to the Euro, but suddenly reversed, limiting their losses
\n\t* They admitted they were wrong
\n\t* Although the Swiss stock market went down in their currency, it was up in every other currency
\n\t* Gold is up against everything except the Swiss franc
\n\t* 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
\n\t* America will win the currency war to the detriment of the American people
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