Euro Swiss security zone .....i told you

11/14/14, 4:21 AM

Pacific Standard Time

The whole world and his wife in Long Dollar and Euro Swiss , holding long net position on

Gold Drops, someone knows something we do not know or are going to bury them all under a pile of hay

Positions show a strong tendency of these pairs on the dollar

Recent stops sitting under a band of iron 1.20 in the 1:17 to 1:18

The market punishes statistics is the biggest benefit of 90% lose ratio is equal to the holding in Long  Euro Swiss

What you seem to be ......... I'll probably take them all on a trip to the Dead Sea camels

The problem that the vote in Switzerland will be 30th

If passed, this could potentially require the Swiss National Bank to acquire a large amount of gold in the market – possibly $60bn worth of gold within five years if it decided to match the 20% threshold requirement by converting some of the cash holdings in its balance sheet.

If Switzerland buys $60 billion worth of gold over a period of 5 years…it is going to have a measurable impact on the price of gold. 

 last month normally sleepy currency options on the franc/euro are getting pricey, a sign that traders are already taking flyers on currency protection.

Investors have so far paid the vote little attention, but are now waking up to the risks. This mirrors traders’ last-minute anxiety over Scotland’s referendum over independence from the rest of the U.K. in September

It will be interesting that's for sure

today 

This review does not including any document and / or file attached to it as an advice or recommendation to buy / sell securities and / or other advice