NEW YORK, 30 October 2014 – Exclusive comment and analysis from BullionVault head of research Adrian Ash on next month's Swiss gold referendum is published today on TheStreet.
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"So far," explains Adrian of the referendum question seeking to raise the Swiss National Bank's gold holdings to 20% of its assets, "the gold market has ignored the risk of a Swiss 'Yes' vote entirely."
With early polls putting the decision quite close, however, that is mistake he says. So too are analyst guesses that – if the vote passes – the SNB will need buy only 1,500 tonnes "rather than the true upper limit of 2,500 tonnes."
You can read Adrian's analysis in full at TheStreet:
Obscure Swiss Referendum Could Roil Gold and Currency Markets
