Switzerland Gold Initiative
Halt all Swiss National Bank (SNB) gold sales
Repatriate Swiss gold held in foreign vaults (UK and Canada)
Establishes minimum 20% level of SNB Assets in gold
Of course, central bankers everywhere are horrified by the idea they should have to do anything, especially hold sound assets.
And in a flurry of fearmongering by the central bank and inflationists in every corner, it appears the initiative is headed towards defeat.
Polls aside, let's play a bit of "What If?"
Specifically, what would happen to the price of gold if the referendum passes?
Spanner in the Works
Variant Perception says Swiss Gold Referendum: A Spanner in the Works.