Barclays added that even if the referendum does win the popular vote, the initiative still has to be passed by the majority of 26 Swiss Cantons – the different regions in Switzerland. The analysts said because of the government’s and central bank’s opposition to the gold initiative, it is unlikely to break this “insurmountable barrier.”
http://www.forbes.com/sites/*****ne...as-upper-hand-ahead-of-swiss-gold-referendum/
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