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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: futures speculator who wrote (37113)7/27/2005 3:25:31 PM
From: regli  Read Replies (1) of 110194
 
I just made a quick calculation regarding the backing of the Swiss Franc by gold.

The Swiss National Bank has 1,290 tons of gold and as a result as of June 2005 Swiss M2 and M3 respectively are backed by 46% and 39%.

snb.ch
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