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Pretty interesting story here on a Swiss political party wanting to protect Switzerland's gold and make sure the gov't doesn't sell it... http://www.zerohedge.com/news/switze...ave-swiss-gold
This is pretty fascinating stuff.
If this referendum passes, it might require Switzerland to purchase more gold to adhere to a certain level of gold holdings.
Seems to be right in line with EJ's constant idea of gold being a reserve currency and playing an increased role internationally as the dollar/treasury backed system unravels.
This is pretty fascinating stuff.
If this referendum passes, it might require Switzerland to purchase more gold to adhere to a certain level of gold holdings.
Seems to be right in line with EJ's constant idea of gold being a reserve currency and playing an increased role internationally as the dollar/treasury backed system unravels.