the EURO is a block currency, with Swissy as a component but the Swissy stood for over a century alone as an investment currency for the last 60 years, deep resentment has existed between the Swiss and Americans in the banking world not among the politicians, since I doubt Swiss even have a president instead, the nation has a CEO <G>
correct me if wrong, but I was recently told that three currencies are not included -- British Sterling, Danish, and Swedish
the Swiss and Germans act in concert in recent years they have stupidly complied with American wishes to forfeit their gold treasures, in order to assist in the papergame charade supporting the world dollar currency the 1999 Washington Accord marked the abrogation of the Gold Cartel Criminal Conspiracy, which is 2004 is due to expire then more games can be played, or some real currencies might emerge
I am mystified as to why the Swiss cooperate at all with Americans I am mystified as to why the Swiss agreed to join the EuroUnion I am mystified as to why the Swiss sell ANY GOLD at all
as the European Decade unfolds (perhaps not from economic strength, but rather from intl support, and later from lower interest rates as OPEC money recycles there and not into the USA), I wonder what role Switzerland will have
the Swiss are a strange people they avoided the devastation of WW2 but they tarnished their image with financial war crimes e.g. confiscation of Jewish accounts e.g. confiscation of non-Jewish accounts e.g. harboring Mafia money during the chaos of the world war, and beyond
I watch the Swiss Franc to see its rise versus the USdollar and versus Gold so far it is rising versus each that confirms my expectation that the dollar will be eventually shunned and shitcanned the dollar was a convenient tool (in European eyes) while it lasted it helped to finance a NATO army which defended against Soviets it helped to finance a USArmy which defends (and offends) against faceless ghosts known to the Islamic world AND IT WAS LARGELY FINANCED BY ASIANS AND ARABS !!!
I am afraid the sun has set on the USdollar I am certain that GOLD will take some of its place but the West will cling to paper currencies, since far too much has been invested in such an imperiled system the main question to me is....
WHICH CURRENCY WILL BECOME THE ONE-WORLD CURRENCY ? my guess is the EURO by 2015 much liquidity waters will pass under the bridges by then
/ jim |