Dec 11, 2014

Deutsche Bank Says "Yes" Vote Has "Narrow But Clear Lead" In Swiss Gold Referendum As 1M GOFO Hits Most Negative Since 2001 | Zero Hedge

As we explained over the weekend, should the Swiss gold referendum pass successfully, the price of gold will surge. It was none other than JPM who warned that the "markets under appreciate this event", explaing that "If the referendum is passed, the Swiss National Bank (SNB) will be forced to increase reserves by around 1,500 tonnes over five years, i.e. 300 tonnes per year. This 300 tonnes per...

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