Swiss franc, gold as safe refugees? They are bitpoin

Swiss Franke and Gold became some of the best safe assets because stocks and wedding is continued.

The USD / CHF course is 12% below its highest point in 2024. Years. This application made Switzerland frank one of the best currencies this year.

Swiss Franc’s performance was the polar opposite of US dollarwhich fell to 2018 hunting. His performance is primarily due to the neutrality of Switzerland and the laws on banking secrecy, who always did that asylum.

The Swiss National Bank (SNB) is the main investor in American markets and has significant positions in many top American companies – including household names such as Apple, Microsoft, Amazon and Alphabet. It is also the tenth largest holder of American Treasury bonds.

Gold also became the upper refuge, and her price was grown for a record of $ 3,240. He jumped by 125% of its pandemic falls and 24% this year. In contrast, the S & P 500 and NASDAK 100 indices retired by double digits.

The gold and Swiss franc falls down Bitcoin

Gold and Swiss franc beaten bitcoin (Btc) Safe refugees to trade escalate. Bitcoin, it is often considered to be a digital version of gold, slipped from groceries in the amount of $ 109,300 to $ 83,000.

Bitcoin is often considered as a refuge because of its limited offer of 21 million coins and elevated demand from the investor Wall Street.

And they are also better than US Bondswho came under pressure in the last few weeks. On Friday, a ten-year yield rose to 4.50%, while 30-year-old and two-year yield increased to 4.85% and 3.97%, respectively.

Global risks continued growing this week, and analysts predict the recession will happen this year. Data polyMarket This year poses a chance for recession at 60%, while Blackrock’s Larry Fink believes that they are now in one.

Mark Zandy, Moody’s main economist, he turned up his Recession quotas at 60%citing huge tariffs between the US and China. He also noticed a basic US tariff of 10% on all imported goods and 25% left on steel, aluminum and vehicles.

Similarly, economists in companies like Morgan Stanley, BNP Paribas and UBS have warned That American GDP will fall this year, and the rate without work will increase to 5%.