What the Swiss Gold Referendum Means for Central Banks

Swiss flag

Here’s hoping the Swiss do the right thing and return to at least partial backing of the Swiss Franc by gold.

(From Wolf Street)

It will send shock waves through the gold market and will be a game changer for central banks around the world, according to Egon von Greyerz, Founder and Managing Partner of Matterhorn Asset Management, Switzerland, and one of the powers behind the initiative.

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