Swiss Vote on Gold Hoard, Immigration in Economic U-Turn

Switzerland holds three referendums this weekend that have the potential to have an effect on everything from the economy to the central bank and even the country’s international relations.

Up for a vote on Nov. 30 is a requirement for the central bank to hold at least 20 percent of its assets in gold, a clampdown on immigration and the abolishment of tax privileges for foreign millionaires. While polls by gfs.bern indicate all three proposals could get rejected, there remains a sizable cohort of undecided voters.