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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (91099)6/6/2012 4:38:10 AM
From: carranza2  Read Replies (1) | Respond to of 217567
 
"(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.



To: TobagoJack who wrote (91099)6/6/2012 6:53:40 AM
From: dalroi  Read Replies (2) | Respond to of 217567
 
another thingy about snb chf and euro

if they wanna keep the rate stable at 1.2 that would mean they need to buy a lot of euro and therefor print a lot of chf

which will increase inflation once all those printed chf start to circulate

so for me the peg will fail :-)

(also hoping it will)



To: TobagoJack who wrote (91099)6/6/2012 8:00:17 AM
From: Logain Ablar  Read Replies (1) | Respond to of 217567
 
FYI:

brucekrasting.blogspot.mx