Wednesday, September 7, 2011

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

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
Here's What Happened Last Time Switzerland Tried So Hard To Weaken The Franc

What will Switzerland do with all those euros?

Obama To Propose $300 Billion Package Aimed At Boosting Jobs

Treasuries, TIPS, and Gold (Wonkish)

S&P Gives Higher Rating to Sub-Prime Mortgages than to U.S. Bonds

Danger: Grid Operator Threatens Economic Growth, Clean Energy
Original content Bob DeMarco, All American Investor
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