Swiss Ponder Unthinkable as World Chaos Turns Franc Economy Upside Down

Source: Bloomberg, Simone Meier (8/16/11)

"Switzerland, the nation that hasn't gone to war since Napoleon, is reluctantly debating a generational taboo: ceding monetary independence to win a battle over its runaway currency."

Bloomberg, Simone Meier

Switzerland, the nation that hasn't gone to war with a foreign power since Napoleon, is reluctantly debating a generational taboo: ceding monetary independence to win a battle over its runaway currency.

Swiss National Bank Vice President Thomas Jordan said the central bank is assessing "a whole range of options" to prevent the franc, which reached a record against the euro this month, from making Swiss goods prohibitively expensive. Even a cup of coffee at Cafe St. Gotthard in Zurich costs $8.30, with one Swiss franc buying $1.2816 at today's exchange rate. . .View full article

Franco Will Increase Production Without Cobre Panama
Source: Adrian Day (04/17/2024)

Global Analyst Adrian Day looks at first-quarter results from three resource companies, as well as recaps Francos annual "investor day." Overall, he believes the results were positive.

Significant Gold Discoveries Reported at K2 Zone
Source: Streetwise Reports (04/17/2024)

New Found Gold Corp. has reported gold intercepts from its K2 Zone at the Queensway project in Newfoundland and Labrador. and Labrador. Read on to see what some experts are saying about this gold stock.

Why Experts Like This South Dakota Stock
Source: Streetwise Reports (04/16/2024)

Dakota Gold Corp. is making waves with its promising projects in South Dakota's historic Homestake District. Read on to see why some experts like this gold stock.

Gold Stealth Rally as China Takes Control
Source: Ron Struthers (04/15/2024)

Ron Struthers of Struthers Resource Stock Report shares his thoughts on the current state of the gold market, as it had a strong run and a pause. He also shares one stock he believes deserves a higher valuation.