After the CHF loosing its appeal as a safe heaven today, GOLD
gets reinforced in my opinion...last fortress are the sovereign
bonds of strong nations...after that, free way for gold in my
opinion...nothing left to hide
Good point. Many market commentators are claiming that the
weekend devaluation of the CHF marks the continuation of the
currency wars. There will be pressure to drive the EUR down against
the USD.
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CHF
Posted by alseq on 6th of Sep 2011 at 09:49 am
After the CHF loosing its appeal as a safe heaven today, GOLD gets reinforced in my opinion...last fortress are the sovereign bonds of strong nations...after that, free way for gold in my opinion...nothing left to hide
Good point. Many market commentators
Posted by rixx on 6th of Sep 2011 at 10:09 am
Good point. Many market commentators are claiming that the weekend devaluation of the CHF marks the continuation of the currency wars. There will be pressure to drive the EUR down against the USD.