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Time to start a new thread.
Anyone have any thoughts on what a Yes vote in Switzerland will have on POG.
I heard an interview with a Swiss Fund Manager and he stated that if a yes vote is the result then the ramifications could be felt globally as Swiss Gold (which they have stored around the world with various CB's)will have to be returned and may expose some CB's and Banks about gold holding. Also they would be required to purchase gold to meet the 20% target which could raise issues on supply.
If the yes vote wins, it will be in their constitution and cannot be changed by their government. Only way this can be changed is going to another referendum.
