Tuesday, December 27, 2011

The Swiss National Bank has been wrong several times in the past few years

Jim Rogers : The Swiss National Bank has been wrong several times in the past few years. I don’t worry too much about central banks. One of the things I learned in my career is that usually if you go against the central banks, you are probably going to be very successful. The Swiss Bank did knock down the Swiss franc a few weeks ago but they have done it a few times and in the end the market has more money than any central bank.- in The Street.com

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