GOING BEYOND
3.16.2011
No Getting Away From It, Swiss Francs and Gold Are Still the Surest Havens
With oil prices soaring and revolution in the air in North Africa and the Middle East, it's little wonder investors want to take a few chips off the green baize and cash them in. All of a sudden the world has become uncertain again, so safe havens are sought after. Capital protection is in, gambling firmly out. And yet, as with so many aspects of post-crisis finance, things aren't what they were, even for supposed haven investments. This new world has few of the comforting certainties of the old, even when all you're looking for is the safest, dullest place for your money.
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