The Swiss Franc leaps 30% in 13 minutes and gold rises steeply.

2015 has started with all the volatility you might have expected.

Today the Swiss Franc leapt 30% in just 13 minutes. Madness. I could hardly get the scale small enough on my computer to keep the constant rises on the screen. The FTSE100 went the opposite way and my £5 down bet made £700 while I had a chat with a client. Unbelievable.

Gold joined in too sensing that things weren’t right. As I write the precious metal is up £21.18 an ounce to a little over £829. What caused all the fuss?

The Swiss decided to abandon the capon the Swiss Franc’s value against the Euro and the Euro – a move absolutely no one saw coming. Even the IMF’s head honcho, Christine Lagarde described the move as “a bit of a surprise”.

Jees, if she didn’t know about it the rest of us have no chance. So much for central banks all working as a team eh? What worries me most about this decision is that only three days earlier the Swiss National Bank were saying THE EXACT OPPOSITE which proves what I have been saying for a very long time – you can’t trust a Central Bank.

Most stock markets fell sharply on the news with the BBC reporting investors were buying gold and German bonds as fear took hold. Expect more of this to follow.

No doubt your personal choice of paper will have it’s own explanation for the move. My guess is the Swiss are pre-empting a move by the ECB to follow in the footsteps of the US Fed and start printing money out of thin air in attempt to keep the Euro economy alive. Watch this space – quantitative easing by the ECB can only be days away now.

Or maybe the Swiss have dialled in a default by the Greeks and a rush for the Eurozone exit. Is that possible? ANYTHING is possible in 2015. My take is that the Swiss simply can’t afford to keep fighting the Euro and if the ECB get jiggy with QE you can expect the Euro and the stock markets to soar even higher. It has cost the Swiss an absolute fortune to try and defend the Swiss Franc and their export markets against the rising Euro. Time to call it a day.

The list of so called “surprise events” just keeps getting longer. Who saw the oil falling to half it’s price? Certainly the Scots didn’t when they did their economic forecasts only a few months back.

The Greek vote this Sunday is a BIG event. So too is QE for the ECB. These are the events that affect us all in 2015.

Stay tuned …… 2015 is going to be a year to remember.


  • At £100 to double-you’re not really competing with large scale seasoned professionals.

    Once you go down the doubling numbers you begin to compete in effect with institutions and or Goverment policy etc(as that kind of continual doubling becomes an Intrest to the other 7 billion people and stated Goverment)

    As a result-after a handful of these ‘doubling’ moves…the ability and time and competing positions from other investors and said governments etc just make the ability a compounded hardness.

    Hopefully as we become more sophisticated we can enjoy these posts but realise they are like any other headline….attention seeking!

    • I’m afraid that none of that is even remotely true, Gerry. Remember, DYWTAM was written by not one, but two, multi-millionaires using these very techniques. I suspect that you’ve been ripped off in the past by the many “get rich quick schemes” that are out there. That’s a real shame. Having done all of the fourteen levels myself, (and I watch others do the same every week), I feel highly qualified to disagree with every single one of your comments. If you’re not rich now then you have to change your thinking if you want to make serious money. Here’s the thing; “If you keep doing what you’ve always done – you’ll keep getting what you’ve always got”. Stop and think about that for a minute. I don’t know if you live in a two million pound house but if you don’t, here you are telling someone who does that this won’t work. Really? The DYWTAM Programme is a genuine no-nonsense guide on how to become a millionaire – and absolutely anyone can do it.

  • Barry, is it only 10 issues of Double your way to a Million? A friend of mine who is interested wants to know, thanks.

  • hi barry i am interested in your horse racing course and your recommendation of using isiris,i understand kevin booth has resigned from isiris do you still recommend we use this company still thank you,and also i notice on your websitethat it is still dated 2017 .

    • Good question. I have not used the Isiris service recently. I had a brilliant 11 year run but eventually I got closed down by all the bookmakers. I guess that’s a real sign of success but it was fun to do and I actually miss it. I did not know that Kevin had actually retired but I understand that the results this year have been extremely good. Maybe regular readers who still use Isiris can update me on that one and let me know how they are doing.

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