Wednesday, November 26, 2014

The Guardian: Swiss Referendum Could Spark Gold Rush

Poll could force Swiss central bank to triple reserves, leading to price of gold soaring on international markets, experts say.

The Swiss like referendums: there were 11 last year and there have been nine more this year, on subjects ranging from who pays for abortions to whether the state should buy a certain type of new fighter aircraft.

This Sunday there are three more, but one has attracted more attention than most – because there are fears that if it wins majority support it could trigger a worldwide gold rush .... http://www.theguardian.com