Weekly Commentary 5.19.17

Adam Taggart
By Adam Taggart on Fri, May 19, 2017 - 8:49pm

4 Comments

Eannao's picture
Eannao
Status: Silver Member (Offline)
Joined: Feb 28 2015
Posts: 103
Swiss Franc

Chris,

how would you rate the Swiss Franc as a currency in which to park cash?

Thanks, E

KugsCheese's picture
KugsCheese
Status: Diamond Member (Offline)
Joined: Jan 2 2010
Posts: 1297
Eannao wrote:Chris, how would

Eannao wrote:
Chris, how would you rate the Swiss Franc as a currency in which to park cash? Thanks, E

I wouldn't do that.   Swiss National Bank is going to print print print even more so than it has.   It holds stocks on its B.S.!

Eannao's picture
Eannao
Status: Silver Member (Offline)
Joined: Feb 28 2015
Posts: 103
Best Fiat

Kugs,
but would Swiss Franc be better than Euro? Or Dollar?

The only alternative to holding some fiat, is to go 100% gold/silver or crypto, which has its own risks.

dcm's picture
dcm
Status: Silver Member (Offline)
Joined: Apr 14 2009
Posts: 131
I'm all flushed

I think Chris is on to a new financial term called vomitility

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