Gold and franc remain safe assets

Gold and the Swiss franc remain safe and sound investments during the storm in global financial markets. Switzerland’s central bank has temporarily abandoned the idea of ​​interfering with the franc to weaken it and now the Swiss franc will remain a strong and reliable currency. Gold feels pretty confident now and is trading around $ … Read moreGold and franc remain safe assets

Switzerland is thinking about introducing the gold franc

The Swiss parliament plans to discuss in late 2011 the possibility of introducing the gold franc, which can be converted into an equivalent currency along with the ordinary Swiss franc, according to MarketWatch. Switzerland was one of the last countries to abandon the gold standard (in 2000) and could probably take a big step towards … Read moreSwitzerland is thinking about introducing the gold franc