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Strategies & Market Trends : Dino's Bar & Grill
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To: Goose94 who wrote (9432)9/30/2014 2:46:07 PM
From: f-layerRead Replies (2) of 203329
 
In a research note published Sept. 24, Analysts at UBS said that if the referendum passes the Swiss National Bank would have to buy about 1,500 tons of gold over the next three years. “1500 tonnes equates to half of the world's annual production,” they said in the report.


I wonder what the consensus is right now - the Swiss always seemed to have had an appreciation for the metal. It probably boils down to demographics: if there's a high percentage of 50+ year old's living there today, it could get passed.
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