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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%4:00 PM EST

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To: TobagoJack who wrote (91099)6/6/2012 4:38:10 AM
From: carranza2  Read Replies (1) of 217564
 
"(ii) i suspect snb is less resolved to continue intervening against the chf than all the powers-that-be are convicted to keeping wallop gold;

(iii) while perhaps much of usa boyz money may retreat back to usd, i suspect plenty of european boyz cash are making way to switzerland;"

You go where I no longer tread. The peg is now irrelevant, IMO, but the reason for it sems to me to be far stronger.

I take the SNB's word at face value. if it doesn't intervene, no more cuckoo clocks.

ii and iii seem irreconcilable.

Good luck, I hope you don't need it and that the trade is profitable. You are far braver than me.
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