How Relevant is the Swiss Referendum to the Gold Price?
We haven’t been covering the Swiss referendum on a daily basis but it is important to touch on what the implications may be is it does succeed. The post lined below takes a look at the impact on the gold market overall could be in the unlikely event that the referendum passes and the Swiss are forced to buy 300 tons of gold per year.
The post also takes a look into Switzerland’s money supply and monetary base… which no surprise has been on the rise since 2008.
In a constant effort by all countries to print until the Cubs win the world series (or for football fans the Oakland Raiders win the super bowl) it would be very surprising if this referendum passes and later on if the Swiss Franc is one day soon backed with gold.
It is proven that logistic is not an issue even Ukraine can ship large amount of gold in no time.
Hell ya.. 🙂
When they use such funny excuse to delay, you know there are some secret they cannot disclose. Only thing I can say is that it have been sold.
They need it for Hillary’s election.
Cory,
I didn’t receive the free newsletter yesterday as per Big Al’s comments that it was being sent out ?
Any chance you can email me a copy ?
Cheers.
Thank you Cory,
I received a copy of the newsletter 🙂
Now…..time for a read !
My pleasure Skeeta. Please let us know what you think.
Just saw an interesting article. Ukraine lost all it’s gold. It got what it deserves. I think it is resting in German vault. God is fair.
http://www.zerohedge.com/news/2014-11-18/ukraine-admits-its-gold-gone