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Von Greyerz: Swiss gold referendum aims squarely at market manipulation
6:24p CT Tuesday, October 21, 2014
Dear Friend of GATA and Gold:
Swiss gold fund manager Egon von Greyerz today comments to King World News about the opinion poll showing strong support for the Swiss gold repatriation referendum proposal.
Von Greyerz says: "The yes campaign starts this Thursday with a press conference. This is when it will put forward its arguments for this initiative. The Swiss government is against this initiative, as all governments are, because it takes away the government's ability to manipulate the currency and gold markets. Switzerland sold 50 percent of its gold at the bottom of the market between 2000 and 2005. This has already cost the Swiss government 29 billion Swiss francs."
Von Greyerz's interview is excerpted at the KWN blog here:
http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/21_T...
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