February 5, 2015
Read Full Article
[The following post is written by Director of TDV Offshore, Paul Seymour]
It occurred to me, as my new wife pointed it out to me, that I hadn’t published anything for quite a while. First, I’d like to remind you that, in my last, or maybe two articles ago, I urged you all to move some over-valued USD to a safe jurisdiction, and while you were at it, get some Swiss Francs instead.
With a move of only USD 10,000 into CHF, your profits from the revaluation of the CHF would have covered the fees to move your funds to safety, and get diversified. Very few took heed. Hate to say I told you so, but..