The shock death of the world’s ‘safest’ currency?

This is a discussion on The shock death of the world’s ‘safest’ currency? within the Forex forums, part of the Markets category; It's a sales pitch obviously, but some interesting points made/raised? The shock death of the world’s ‘safest’ currency... So, can ...

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Old Sep 26, 2009, 2:26pm   #1
Joined Nov 2008
The shock death of the world’s ‘safest’ currency?

It's a sales pitch obviously, but some interesting points made/raised?

The shock death of the world’s ‘safest’ currency...

So, can you guess which currency is in such dire trouble...?

The US$, with the collapse of some of its major investment banks and its 200 billion-dollar bail out?

The Zimbabwean dollar, where a million dollars won’t even buy you a loaf of bread?

Or maybe the Icelandic krone, where there’s all the fish in the world but nothing to pay for it with, or even the Sudanese pound where you’ll need 2 land rovers to get you over the border; one for you, and the other to carry all the notes you need for petrol and bribes

Well it’s none of those currencies. In fact the currency we’re looking at could well be the last currency in the world you’d think would be in trouble...

And I’m willing to bet that most people are missing out on this spectacular trade as a result.

But as I’ve said, this ONE play has made me a sharp £1,970 already. And according to the SOS signal the bulk of the profit is yet to come.

Take a look at this...
Forex Trade Alert, Tom Tragett - FSPonline-recommends.co.uk
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Old Sep 26, 2009, 2:34pm   #2
 
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chf is in bad shape yeh..charts look down right nasty. altho look at a daily..seen that pattern anyone before? stock market bottom
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Last edited by N Rothschild; Sep 26, 2009 at 2:53pm.
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Old Sep 26, 2009, 2:59pm   #3
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Hello Hello Hello wots all this then ?


T2W confluence ?

:-)

http://www.trade2win.com/boards/gene...tml#post917960
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Old Sep 26, 2009, 3:35pm   #4
 
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The reasoning on that website is stupid and I'm not sure I want to take trading advice from Father Ted anyway.

Nevertheless, CHF does worry me a bit... if it were to collapse it would be ludicrously violent and sudden. That's always the case with the safest looking stuff...
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Old Sep 26, 2009, 3:37pm   #5
 
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LOL what a lot of horsesh*t.

Eur/Chf to go up?

Yeah right, like SNB intervention has worked well so far.

It's the same old pattern time and time again.

The Swiss Franc will get STRONGER not WEAKER (relative to the Euro).

This one's down.

Sorry folks.
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Old Sep 26, 2009, 3:50pm   #6
 
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The Swiss franc is going under - what, snowed under?
Currencies go up and down, not the end of the world or even a particular currency; doesn't mean to say because something is trending that you can extrapolate that indefinitely till it becomes worthless.
Pure sensationalist claptrap.
We're not talking about the Zim $ here.
The only currency whose value could get eaten up rapidly is Malta's.
The Malteser.
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Old Sep 26, 2009, 5:33pm   #7
 
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Quote:
Originally Posted by trader_dante View Post
LOL what a lot of horsesh*t.

Eur/Chf to go up?

Yeah right, like SNB intervention has worked well so far.

It's the same old pattern time and time again.

The Swiss Franc will get STRONGER not WEAKER (relative to the Euro).

This one's down.

Sorry folks.
What he said.

It's like trying to hold back a river using a spoon.
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