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Politics : Welcome to Slider's Dugout -- Ignore unavailable to you. Want to Upgrade?

To: MoneyPenny who wrote (8524)	3/19/2008 5:24:10 AM
From: SliderOnTheBlack	Read Replies (1) \| Respond to of 50710

re: Swiss Franc as a safe haven... Money Penny, right you are. The FXF is a simple and easy way to take advantage of the strength of the Swiss Franc. Here's a chart that speaks volumes... The Swissie outperformed gold by +50% over the last month during this most recent financial meltdown. The Swiss Franc emerged as the safe haven currency, and unlike the Japanese Yen, you don't have to worry about intervention to protect exporters. Traders when parking "cash" should do so in the Swiss Franc, or use the FXF ETF. Holding your "cash" in US Dollars vs. Swiss Francs just cost traders and investors -16% in just the last month alone. For anyone looking for a "safe" alternative to "cash" without over-allocating to gold... look to the Swissie. If you don't trade currencies -- here's a good start, a free guide from Everbank (or, contact your broker). everbank.com S.O.T.B.