Disliked{quote} Swiss National Bank will continue to intervene, just not with a PEG. They can't afford for their currency to be this strong. They are probably targeting EURCHF 1.10. Negative interest rates, SNB intervention to weaken CHF and poor economic performance (exports) going forward due to strong CHF will weaken CHF. Also, technically, retracement to .88 area (23% Fib, already hit once) and .91 area (.38 Fib) are likely. At this point Gold is a better hedge for safety than CHF. You have to pay for storage, but CHF you have to pay interest. I would...Ignored
I may not be right...BUT, I am never wrong