Gold Bugs Back as Swiss Franc Safe-Havens Unwind
By Kristina Zurla Landgraf • Mar 12th, 2009 • Category: Broker Commentary, Market UpdatesGold Bugs Back as Swiss franc Safe-Havens Unwind
By Richard Ilczyszyn and Phil Streible
The Swiss franc has taken a nosedive this morning, and at the same time, gold has sparked. It appears to us that some of the safe-haven buying in the franc is being unwound rapidly amid a Swiss interest rate cut and likely currency [...]
