Gold and Swiss franc

Discussion in 'Economics' started by highflyer8, Jul 22, 2011.

  1. Why is the euro-zone crisis and the uncertainty over America's federal debt ceiling pushing the price of gold to new heights and the Swiss franc to appreciate considerably against the euro? Also, yields on ten-year German Bunds dropped. Can anyone please explain?
  2. Flight to perceived safety.
  3. Do you not think that is safe then?

    If not what is?