Barclays added that even if the referendum does win the popular...

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/**promo...as-upper-hand-ahead-of-swiss-gold-referendum/