Here are the latest items and commentary on current economics news, market trends, stocks, investing opportunities, and the precious metals markets. We also cover hedges, derivatives, and obscura. And it bears mention that most of these items are from the “tangibles heavy” contrarian perspective of JWR. (SurvivalBlog’s Founder and Senior Editor.) Today’s focus is on Swiss Franc parity with the US Dollar. (See the Forex section.)
Precious Metals:
Standard Chartered: Floor For Gold Price To Keep Rising
Forex (Swiss Franc Parity):
The trading value of the Swiss Franc (CHF) is bouncing right around parity with the US Dollar (USD). Although there may be continuing Dollar strength through this spring and summer, the long term outlook is still dour for the Dollar. Trump (and the Fed Banking Cartel) will likely continue to pursue their Weak Dollar Policy. Trump wants to see “Huuuuge” improvement in the U.S. balance of trade. So this is a good time to swap USD for some CHF.
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Currency Strength and Weakness