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Gold, Silver and Negative Swiss Franc Cash Account Interest Rates

Commodities / Gold and Silver 2012 Dec 03, 2012 - 11:16 AM GMT

By: Jesse


The most interesting news for me today was Credit Suisse Sets Negative Interest Rates For Cash Accounts.

The reaction in the euro was decided. The Swiss do not wish to see the franc appreciate because of their cross trade with the Eurozone.

Fiat. Watch and be amazed.

By Jesse

Welcome to Jesse's Café Américain - These are personal observations about the economy and the markets. In plewis

roviding information, we hope this allows you to make your own decisions in an informed manner, even if it is from learning by our mistakes, which are many.

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Disclaimer: The above is a matter of opinion provided for general information purposes only and is not intended as investment advice. Information and analysis above are derived from sources and utilising methods believed to be reliable, but we cannot accept responsibility for any losses you may incur as a result of this analysis. Individuals should consult with their personal financial advisors.

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