Subject: Re: Foreign currency predictions from HSBC
the single safest security to own is the US-listed ETF "WIP".

It may be safe, but it doesn't provide much return at all. If I am reading the stats correctly, it looks like over the last ~16 years (since 2008/9), it has returned about 1% annually. That's pretty low, especially when considering that it has a 0.5% expense ratio!