The Swiss Franc and Its Safe Haven Status.

in #market8 years ago


In this report I cover the early market action from London on Tuesday, September 4th, 2018. I look briefly at the precious metals, the stock market, the dollar, the bond market and the oil price.

Today I look at the country of Switzerland and its currency the Swiss franc. The Swiss franc has historically been considered a safe haven currency or a currency where you can park some of your wealth in times of financial or geopolitical crisis.

I look at Swiss history for the last two hundred years and also at the geography and topography of the country in order to explain why Switzerland and its currency have both been and still are considered safe havens in times of trouble.

My conclusion is the Swiss neutrality, a constitution based on the American constitution and a recent history of sound money is what has given the Swiss franc its special status.

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Thank you, sir.

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