Swiss Demand Global Gold Recall despite Central Bankers – Charles Goyette

Submitted by IWB, on October 1st, 2014

In a word association game, If I said Switzerland, you might say cheese or chocolate or maybe the alps. But another common item everyone associates with the Swiss is their money. Their banks. Their currency.

Soon, that currency could change in a big way. This November, a Swiss Gold Referendum is going to a vote, and the repercussions, one way or the other, could cast a shadow of uncertainty on the US dollar. Nearly one-third of the Swiss Franc used to be guaranteed by gold reserves, not it’s less than 8 percent. If THIS VOTE goes through, the Swiss will be forced to raise the gold reserve back up to 20 percent.

PatFields

This interview typifies what frustrates me about Ron Paul (and has for a
long time). He (and Mr. Goyette in echo) praises the soundness of
metallic money, then in the next breath accommodates circulation of
Plantation Scrip on the fraud of ‘gold backing’.

>>> ANY <<< PLANTATION SCRIP DESTROYS PRICE DISCOVERY in direct
consequence to volume issued. That plain fact is blatantly demonstrated
by the circumstance we see with gold, silver and copper right now, but
is rife throughout every corner of the world's economies.

Paper Rots, Coin Does Not.

InvestmentWatch

Swiss Demand Global Gold Recall despite Central Bankers – Charles Goyette