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News Link • Gold and Silver

Save Your Swiss Gold – Peter Schiff's Message to Switzerland

• B, by Peter Schiff

The constitutional referendum would require the Swiss National Bank to repatriate its foreign gold holdings and maintain 20% of its foreign reserves balance in gold. If passed, the franc would effectively be the only developed market currency to opt out of the ongoing "currency wars," and could therefore become a destination for a deluge of foreign capital.

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