03 December 2012

Gold Daily and Silver Weekly Charts - Swiss Franc Cash Account Rates Negative


The most interesting news for me today was Credit Suisse Sets Negative Interest Rates For Cash Accounts.

The reaction in the euro - swiss cross trade was decided. The Swiss do not wish to see the franc appreciate because of their cross trade with the Eurozone.

Fiat. It is a matter of will. Watch and be amazed.