Gold, Swiss Francs and the IMF

Gold has recently had a beautiful run up in value, breaking the $US1000 level, as investors seek a safe haven for money in the face of the global meltdown. The Swiss Franc (CHF) has a money to gold ratio of 43%, and by some forecasts will be the currency of choice to weather the current financial storms.

The IMF, International Monetary Fund have had certain controls over countries gold holdings, including the Swiss, who some think will leave the IMF soon. The Swiss Franc will be the best currency to hold at this time. Inside Money Moves by visionary Stuart Wilde.

Stuart Wilde Links

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