CHF

helmut.. here is a possible gap-fill short idea.. but it could be much earlier if this last little channel break proves false.. let's say close below 1.1800..

FXHandler, the last few Rappen CHF down I leave up to others, CH got done what they need for their economy. Now I watch out for a EUR/CHF short opportunity. There is still an open gap at 1.1084 and often a low/high gets tested a second time. A temporary stronger CHF will come thats for sure, I will watch out for cat's comments, he understands the market interaction pretty good.

PS: I am short on Silver today, my stop is 45 (end of day), target below 30

yes Marine pays high dividend in NOK. It is clearly a fixed income investment. ( if the dividend remains that high at the stock price that low its 15% return) . While Marine's fish quality is at the lower end, Yara's is very good. Yara is imo a clear buy now. Another investment in food is besides fertilizers , biological research. Because a environmental catastrophe looms with genetically modified seeds. It's still swept under the rug by Monsanto but fact is the yields from modified crops are falling for years.

Catnip, if you still beleive in worse more decline in the stock market, why do you keep the Marine Harvest Stocks? They have declined from 7 NOK in May to around 3 NOK now...
According to the gragh they used to be worth around 8.000 NOK in year 2000......
http://www.hegnar.no/tickersok/?ticker=mhg

BTW.... fundamentally I also beleive in food-stocks...... so it might be a good pick, but I am curious.

The big profits swiss private banks made is from mortgages and loans to eastern europe and russia. The swiss economy is politically important but not for banks. Of course the interest on these loans skyrocketed in other currencies , as the CHF got ever stronger, endangering defaults with desastrous effects on Euro, and for swiss banks. But the swiss banks cannot afford to be drained of capital when the deposits are called, because of possible tax. Thus I think it is a typical minimum maximum calculus. There is no safe haven in EUR neither in USD. Now the central bank of Russia offers loans, bonds, backed by physical gold. That is in theory, on maturity the bond holder can demand a return in physical gold. Do you think that even one oligarch gangster is stupid enough to buy such a bond? Wth money from swiss banks, or fresh from the money laundry? Certainly not. They will go back to CHF.