Opinions
Mike S. Newton, CIM FCSI
CurrencyShare Swiss Franc
FXF-N
DON'T BUY
Jan 27, 2015
$108.260
Stock price when the opinion was issued
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There is a school of thought that the Swiss are being brutally honest and getting ahead of the game by un-pegging the franc from the euro. This whole central banking coordination is getting very long in the tooth and getting very fragile. Why would you want to bother playing something that has some of the moving parts that are completely out of your control? He would just want to avoid this space.