Great. What a serious joke that is, I mean the Swiss Franc is strong because the economy is strong... the Euro economy is not. They just arbitrarily reduced the value of all my real estate and other assets against the CAD by 10%. ALL my asssets with the exception of gold that is.

Switzerland is run by a mafisa of corrupt businesses which have long forced Swiss people to pay ludirous prices for the same goods they can get across the border for much less. With the increased value of the Euro, the price discrepancy was staring to really show how corrupt the system was and how much foreign companies increased their prices for this market just because it's Switzerland. Finally the companies were having to fight back and push for fair pricing policies... oh but now the SNB comes to the 'rescue' and allows the corrupt practices to continue all in the name of 'saving the economy'.

I have to say that as much as I believe in the corruption of the worlds economic systems, I didn't believe until today that they could simply whisk away 10% of my total value, wages etc. compared with yesterday with a wave of their magic wand. I'm finding myself more and more aligned with the folks on this board and more and more afraid of what TPTB have in store for us over the next few years. As the EUR dives now, I would be forced to go with it which means a constant depreciation against real value (GOLD etc.) Time to stock up on gold. AUM and other real wealth I think!

Good luck to all.

Soul