Save Your Swiss Gold – Peter Schiff’s Message to Switzerland

November 7, 2014

In the video statement below, Peter Schiff makes a direct appeal to Swiss voters to pass the Save Our Swiss Gold initiative on November 30th. The constitutional referendum would require the Swiss National Bank to repatriate its foreign gold holdings and maintain 20% of its foreign reserves balance in gold. If passed, the franc would effectively be the only developed market currency to opt out of the ongoing “currency wars,” and could therefore become a destination for a deluge of foreign capital.

Reprinted from SchiffGold.

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The Best of Peter Schiff

Peter Schiff is president of Euro Pacific Capital and Chairman of Euro Pacific Precious Metals. He is author of The Little Book of Bull Moves in Bear Markets and Crash Proof: How to Profit from the Coming Economic Collapse. His latest book is The Real Crash: America's Coming Bankruptcy, How to Save Yourself and Your Country.