Analysis: “Safe haven” assets start to look risky – Yahoo! Finance
Analysis: “Safe haven” assets start to look risky tA bank clerk removes 200 Swiss franc banknotes out of a money counter in a bank in Zurich August 16, 2011. REUTERS/Arnd Wiegmann On Friday August 26, 2011, 6:04 am EDT By Jeremy Gaunt, European Investment Correspondent LONDON (Reuters) – This year’s heady bout of risk aversion on financial markets has ratcheted up demand for gold, U.S. Treasuries and the Swiss franc to levels that suggest they may no longer be the “safe havens” they are billed as. Some investors see all three as vulnerable to a sharp sell-off should the global … Read more