FX Empire: Swiss Vote Cliff Notes: The New Gold Standard Debate - Part 1

November 26, 2014
FX Empire: Swiss Vote Cliff Notes: The New Gold Standard Debate

The Swiss franc was the very last currency to be divorced from the Gold Standard so it perhaps makes sense that the country known for economic soundness and political stability would be the first to seriously consider a second trip to the gold-backed altar. 

In order to grasp the true meaning of the upcoming “Save our Swiss Gold” referendum, we must take a quick look back at the history of gold in Swiss society, the power of the IMF, the dynamism of Swiss independence, and the emerging class war between paper stock holders and those concerned about the value of real money in real terms.

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