@AllAmerInvest Swissie, Gold, Grid, AAA, and Obama

Amplify’d from allamericaninvestor.blogspot.com

Just as China has for years steadily purchased US dollars in order to keep its currency from appreciating, Switzerland has now promised to buy euros in order to keep the CHF from appreciating. To help understand what that means, here are some FAQs http://bit.ly/qFYPf2

Here's What Happened Last Time Switzerland Tried So Hard To Weaken The Franc http://read.bi/qMntG1 What will Switzerland do with all those euros? http://on.ft.com/qiEloc Obama To Propose $300 Billion Package Aimed At Boosting Jobs http://n.pr/pUDWDY Treasuries, TIPS, and Gold (Wonkish) http://nyti.ms/nLvzi1 S&P Gives Higher Rating to Sub-Prime Mortgages than to U.S. Bonds http://bit.ly/pxlq08 Danger: Grid Operator Threatens Economic Growth, Clean Energy http://onforb.es/qiIp0E

Original content Bob DeMarco, All American Investor

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