Support for Swiss gold referendum proposal weakens as campaign heats up

Section:

By Katharina Bart and Jan Harvey
Reuters
Wednesday, November 19, 2014

Support among Swiss voters for a referendum proposal that would force a huge increase in the central bank's gold reserves has slipped to 38 percent, an opinion poll showed on Wednesday, falling short of the majority backing it needs to become law.

Under the "Save our Swiss gold" proposal, the Swiss National Bank would be banned from selling any of its gold reserves and would have to hold at least 20 percent of its assets in the metal, compared with 7.8 percent last month. ...

Wednesday's poll, conducted by Berne-based research institute gfs.bern in partnership with Swiss broadcaster SRG, showed 47 percent opposed the initiative, which has been led by the right-wing Swiss People's Party, while 15 percent were undecided or gave no answer. ...

... For the remainder of the report:

http://www.reuters.com/article/2014/11/19/switzerland-gold-poll-idUSL6N0...



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