I am thinking about the following scenario: many people are now pointing at signs that there is going to be a devaluation of dollar and it’s replacement from being the world currency. If you look at the US public debt and the money printing activity I see it as very realistic.
So in light of this if you want to buy a precious metals ETF in what currency do you want to have it: USD or CHF? The reason for having the precious metals ETFs is to sell it when the price rises and to buy stock ETFs for it.