2011-08-16zerohedge.com

``The CHF is the "go to" safe haven. But not if they peg themselves to the Euro. Some of the money that is currently parked LONG TERM in Switzerland will leave. (I think a lot of the short term hot money has found the exit by now). Where will those long term seekers of of a safe haven go, now that it ain't so safe? There is only one option, gold. That is especially true for those who have Swiss Francs in the first place. They all love gold. Now they will have to love it more.'' -- Note that the Sarkozy/Merkel meeting has happened, and the outcome Bruce predicted was correct.



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