Quote:
Originally Posted by Looger
swiss francs would be good, but if you think of a safe currency as an investment based on the future resource / energy riches of a country, i personally would buy rubles.
putin has declared war on the '13 oligarchs' gangsters that had been running most of russia's banking and energy affairs (to install his own gangsters no doubt!!!), many people think that russia is set to do well economically as they are paying off the debt they incurred during the 90s.
after gold i'd buy rubles.
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I was actually kind of kidding.
The CHF is a good yet underappreciated long term bet for reserve funds though.... it was until very recently backed directly by 40% gold - too bad it is not anymore...
Claeren.