Repost of an oldie but goldie, (as in a decade old), especially relevant given the rumors in today’s market.  Here’s to hoping the policymakers have rectified some of the issues, but in our experience goveventments are reactive to a crisis rather proactive to prevent one. More research needed, another post coming.

Seriously? Swissie a Safe Haven During a Banking Crisis?

Here’s in an interesting chart, originally posted over at Zero Hedge, that makes us wonder do we really want to be long the Swiss franc during a European banking crisis?   Note the chart may be a little dated, but we think you get the picture.  Click chart for bigger picture and better resolution.

(click here if chart is not observable)