focus while relaxed to see better
-
Swiss central bank warns against gold initiative
The head of Switzerland's central bank has warned that maintaining stable prices would be harder to achieve if the Alpine country votes to require the bank to keep a minimum amount of gold in its vaults. The adoption of the so-called "Save Our Swiss Gold" initiative would be a "fatal error of judgment," Thomas Jordan, president of the Swiss National Bank, told Swiss newspaper 20 Minuten in an interview published Wednesday. On Nov. 30, the Swiss are scheduled to vote in a referendum on the initiative to make the Swiss National Bank to hold a fifth of its assets in gold, a level it would need to meet within five ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Nov 12, 2014 6:57am Nov 12, 2014 6:57am
- orabi
- | Commercial Member | Joined Dec 2009 | 245 Comments
- Comment #2
- Quote
- Nov 12, 2014 7:13am Nov 12, 2014 7:13am
- Verve
- | Commercial Member | Joined Feb 2014 | 31 Comments
- Comment #3
- Quote
- Nov 12, 2014 7:34am Nov 12, 2014 7:34am
- Bankerssuck
- | Membership Revoked | Joined May 2014 | 534 Comments
- Comment #4
- Quote
- Nov 12, 2014 7:35am Nov 12, 2014 7:35am
- NewtonsCash
- Joined Mar 2014 | Status: Member | 2586 Comments
- Comment #5
- Quote
- Nov 12, 2014 9:11am Nov 12, 2014 9:11am
- gat
- | Joined Dec 2009 | Status: Member | 1040 Comments