Antidote to Dollar Weakness: Swiss Franc, Gold
July 1, 2008
Joe Gelet submits:
US-based investors are faced with a falling dollar. Any US-based investment is decaying due to an inflationary monetary policy and debasing of the currency. That translates into less purchasing power at the store and at the pump.
Many have recently been flocking to the Euro and while this strategy has been successful, Elite E Services feels this will be short lived as Europe has its own problems. It is a difficult environment to make any forecasts in FX or any other market, however we believe there are several safe plays that should be added to any portfolio: Gold and the Swiss Franc.
Antidote to Dollar Weakness: Swiss Franc, Gold














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