The Euro – Destined for 80 cents?

ANSWER: Yes. The Euro will make a new historic low under 82 cents which was the 2000 intraday low. The lowest annual closing came in 2001. My concern is two-fold. The Break-Line reaches 80 cents on the next 8.6 year wave. But the computer is showing an unbelievable series of Directional Changes for 4 years – the entire down-wave of the ECM. Then we see a Panic Cycle in 2021. This is NOT going to be a very easy period to grasp. We are in for a hell of a choppy period ahead that will swing wildly. Continue reading

Swiss Peg Collapses – The Euro’s Nightmare

On September 6th, 2011 the Swiss National Bank (SNB) was aiming for a substantial and sustained weakening of the Swiss franc after Swiss companies threatened to leave because the rising franc reduced their exports. The SNB would no longer tolerate a EUR/CHF  exchange rate below the minimum rate of CHF 1.20. The SNB set out to enforce this minimum  rate with the utmost determination and it began to buy Euros in unlimited  quantities.

Socrates has been warning about January for the last year. Here is the forecast array on a daily level and it pinpointed the rise in in volatility for today the 15th with a Panic Cycle and turning point due as well as we can see. Continue reading