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To combat “massive overvaluation” the SNB pegged the value of the Swiss franc to 1.20 per Euro.  (Reuters, FT Alphaville, Money Game)

Gut check time for your investment plan.  (Big Picture)

Why shorting is so tough.  A lesson from 2008.  (Stock Sage)

Gold is on its longest yearly win streak since the 1920s.  (Bloomberg)

At least the stock market is no longer overvalued.  (Mark Hulbert)

What policy makers need to do to restore calm to the markets.  (FT Alphaville)

Europe looks broken.  (Pragmatic Capitalism)

Given Europe’s failure to-date, do the IMF and G20 need to step up?  (FT)

Factory orders weaken in Germany.  (Bloomberg)

On the chances (40%) of another global recession.  (Gavyn Davies)

Some links from yesterday’s ugly start to the week.  (Abnormal Returns)

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