Cracks in the Fiat Money System: The Swiss Gold Referendum and Currency Pegging

By November 29, 2014Bitcoin Entertainment

Swiss Gold On November 30, Swiss voters will go to the polls to vote on what is being called the “ Save Our Swiss Gold ” referendum. 

A vote of yes would mean that the Swiss National Bank (SNB) would have to refrain from selling any more gold and increase its gold holdings to 20%, which is up from current levels of 7%, where it will remain indefinitely. It would also require the SNB to […]

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