Wednesday, November 19th, 2008

Swiss Franc to Profit from European Slump

Oct 9th, 2008 | By Jack Crooks | Category: US Dollar & Forex Trading

Currency expert Jack Crooks says traditional “safe haven” currency the Swiss franc looks set to benefit from a slump in Europe.

This from the Sovereign Society:

If we had to pick a “looking in the other direction” favorite, I guess it’s the good old Swissie.With the eurozone breaking down in a big way, Switzerland — though not setting the world on fire and still smarting from the reality that Swiss bankers don’t seem to be able to control risk any better than anyone else — seems as though it might garner some money flow from the ‘zone and Central Europe.

Swissie Trade Points to Profit with a Glowing Exit Sign

SFA Daily Chart

It appears the selling pressure is waning, evidenced by the decline in selling volume in the Swiss futures listed on the CME…

Perhaps a higher dollar and Swissie are two of the few positive developments rising out of this economic mess.

Source: Dollar Bull Trudges on, Swissie Points to Quick Profit


AdvertisementMy Friends Laughed When I Decided To Become a "Big Game Hunter"… But Look Who's Laughing Now!

My friends gossiped. My wife thought I was crazy. They all thought I was nuts.

Now, I'm the ONE laughing all the way to the bank.

Thanks to an ingenious strategy, what one man calls the "Predictability Theory"…first founded and advanced by Harvard and MIT Economists…later perfected (and adapted) by Jack Crooks (and his son J.R.) to the world of "exotic" investments - I've had the ability to collect $232,500 in just 71 days.

Are you a "Big Game Hunter?" Are you interested in 1,000% gains?
Read on to determine is this opportunity is right for you.



More on this topic (What's this?)
Charts/Technical Analysis
Weekly Futures Positions Review - October 26, 2008
Sunday Morning Coffee
Read more on Swiss Franc (CHF) at Wikinvest
Tags: , , , ,

By Jack Crooks

Related Articles



About the Author

Jack CrooksJack Crooks is editor of World Currency Options, and a contributor to the World Currency Watch blog. Jack is a seasoned investment adviser, who has held key positions in brokerage, money management, trading, and research. He is the founder of Black Swan Capital, a currency advisory and management firm, and of Ross International Asset Management.

See All Posts by This Author



The Offshore A-Letter specializes is an elite global investment opportunities, asset protection strategies, tax management solutions, second citizenship and residency programs and offshore structures.

See All Posts from This Publication

Leave Comment