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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 366.54+1.2%Nov 5 4:00 PM EST

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To: Haim R. Branisteanu who wrote (109806)1/18/2015 1:34:28 AM
From: elmatador1 Recommendation  Read Replies (1) of 217544
 
Don't blame the Swiss:

"If anything, the Swiss central bank's decision to remove the floor and cut interest rates will make the franc easier to flee to in times of uncertainty and volatility," said Kengo Suzuki, chief currency strategist at Mizuho Securities. "Now that the Swiss franc can be traded freely, and borrowed cheaply because of the negative interest rates, it will remain, along with the yen, the safe haven currency of choice."

SNB shock will only cement CHF & Yen safe haven status
cnbc.com
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