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Swiss Franc Collapses 7% - Swiss National Bank to Fix CHF to EUR and Debase Currency

From GoldCore Swiss Franc Collapses 7% - Swiss National Bank to Fix CHF to EUR and Debase Currency Currency markets have seen massive volatility this morning after the Swiss National Bank decision to fix the Swiss franc to the euro. Gold is trading at USD 1,899.50, EUR 1,339.10, GBP 1,177.30, CHF 1,611.10 (up from CHF 1,486.50 yesterday) and JPY 146,350 per ounce. Gold is down 0.
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Inevitable US, UK, Japan, Euro Downgrades Lead To Further Currency Debasement

Business & Finance : Zero Hedge (3 years ago)

From GoldCore Inevitable US, UK, Japan, Euro Downgrades Lead to Further Currency Debasement And Safe Haven Gold Demand Gold’s London AM fix this morning was USD 1,721.00, EUR 1,303.10, and GBP 1,091.80 per ounce. Yesterday's AM fix ... Read Post

Global Money Supply And Currency Debasement Driving Gold Higher

Business & Finance : Zero Hedge (3 years ago)

From GoldCore Global Money Supply And Currency Debasement Driving Gold Higher Gold is trading at USD 1,670.40, EUR 1,216.90, GBP 1,063.81, JPY 128,555.00, AUD 1,643.34 and CHF 1,500.20 per ounce. Gold’s London AM fix this morning wa... Read Post

The Falling Euro Just Challenged The SNB's Exchange Rate Floor

Business & Finance : Business Insider: Clusterstock (2 years ago)

The euro just broke through the 1.20 floor on the EUR/CHF exchange rate floor, throwing the light on the Swiss National Bank to intervene in currency markets. The strengthening Swiss franc caused the bank to set the floor back in Au... Read Post


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