Will this save the Swiss financial system?
by Egon von Greyerz – October 2014
On 30 November 2014 the Swiss People has the opportunity to determine not just the fate of their own financial system but also to be the catalyst for the return to sound money in the Western World.
The “Gold Initiative” referendum November 30, 2014
On November 30th the Swiss will vote on:
- Returning their national gold which is held abroad back to Switzerland
- Requiring the Swiss National Bank to hold 20% of their assets in physical gold
- Prohibiting further gold sales
So why is this referendum so important? Because Switzerland has, for hundreds of years, Read the rest of this entry »