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jekoslosky (28.82)

Are There Safer 'Safe Havens' Than Gold? How About the Swiss Franc?

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October 06, 2011 – Comments (2) | RELATED TICKERS: GLD , FXF , FXE

Precious metals have gotten a lot of attention as a safe haven over the past few years, and with good reason: They've had a great run at a time when the stock market has just been crazy.
But while gold is mighty alluring, its sharp run upward in recent years leaves me worried about a potential bubble. That has me looking for alternatives.
One of those is foreign currency.
There are ETFs tracking the Euro (FXE), the British Pound (FXB) the Japanese Yen (FXY), even the Mexican Peso (FXM).
But the one that truly has had my interest as a good hedge against a bad market is the Swiss Franc.

Read on here: http://stocksnovice.blogspot.com/2011/10/are-there-safer-safe-havens-than-gold.html

Follow my twitter feed @JE_Koslosky

2 Comments – Post Your Own

#1) On October 06, 2011 at 11:09 AM, leohaas (98.72) wrote:

With the Swiss Franc pegged to the Euro, I don't think so. The market seems to think US Treasuries are safe!

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#2) On October 06, 2011 at 2:03 PM, jekoslosky (28.82) wrote:

Reading about investors fleeing from teh Swiss Franc into US Treasuries did leave me scratching my head.

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