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- Save_our_Swiss_Gold abstract "Save our Swiss Gold motion is a citizen movement that calls for the Swiss central bank to hold at least 20% of its assets in gold, prohibit selling any gold in future and bring back all its gold reserves to Switzerland.The Swiss government and the Swiss National Bank (SNB), however, do not agree with this citizen movement and stepped up efforts to block the motion that would force the country to almost triple the amount of its gold reserves.The group argue that gold is a barrier to devaluation of fiat paper currencies and that there is a key flaw in the system of floating paper currencies. When a currency moves, it creates winners and losers, big movements can harm banks with loan portfolios outside abroad. The group argue that gold is a barrier to debasement of fiat currencies.The movement was started by 3 Swiss People’s Party politicians – Parliamentarians Luzi Stamm, Lukas Reimann and Ulrich Schlüer – the initiative to “Save Switzerland’s gold” was handed in to the Federal Chancellery in 2013. A referendum under Switzerland’s system of self-government requires 100,000 signatures to get on the ballot. 5 million Swiss voters could vote on the proposal, this referendum was held on 30 November 2014 and the result was no. If a yes vote had passed, then under the “Save Our Swiss Gold” initiative the Swiss National Bank (SNB) would have been obliged to hold at least a fifth of its assets in gold within five years. the bank would have been required to repatriate all Swiss gold held abroad and been banned from selling any of its gold holdings in future.20% of Switzerland’s 1,040 tonnes of gold reserves are held with The Bank of England and nearly a third with the Canadian Central Bank.".
- Save_our_Swiss_Gold thumbnail World_Gold_Reserves.png?width=300.
- Save_our_Swiss_Gold wikiPageExternalLink %E2%80%9Csave-our-swiss-gold-%E2%80%9D-game-changer-gold.
- Save_our_Swiss_Gold wikiPageExternalLink things-make-you-go-hmmm-swiss-gold-status-quo-showdown.
- Save_our_Swiss_Gold wikiPageID "44251865".
- Save_our_Swiss_Gold wikiPageLength "3680".
- Save_our_Swiss_Gold wikiPageOutDegree "10".
- Save_our_Swiss_Gold wikiPageRevisionID "651959685".
- Save_our_Swiss_Gold wikiPageWikiLink Category:Swiss_culture.
- Save_our_Swiss_Gold wikiPageWikiLink Fiat_currency.
- Save_our_Swiss_Gold wikiPageWikiLink Fiat_money.
- Save_our_Swiss_Gold wikiPageWikiLink Gold_as_an_investment.
- Save_our_Swiss_Gold wikiPageWikiLink Gold_reserve.
- Save_our_Swiss_Gold wikiPageWikiLink Luzi_Stamm.
- Save_our_Swiss_Gold wikiPageWikiLink Referendum.
- Save_our_Swiss_Gold wikiPageWikiLink Swiss_Peoples_Party.
- Save_our_Swiss_Gold wikiPageWikiLink Swiss_People’s_Party.
- Save_our_Swiss_Gold wikiPageWikiLink File:Gold_reserve_changes_1993-2014.png.
- Save_our_Swiss_Gold wikiPageWikiLink File:Switzerland_Gold_Reserves.TIF.
- Save_our_Swiss_Gold wikiPageWikiLink File:World_Gold_Reserves.png.
- Save_our_Swiss_Gold wikiPageWikiLinkText "Save our Swiss Gold".
- Save_our_Swiss_Gold hasPhotoCollection Save_our_Swiss_Gold.
- Save_our_Swiss_Gold wikiPageUsesTemplate Template:Reflist.
- Save_our_Swiss_Gold subject Category:Swiss_culture.
- Save_our_Swiss_Gold hypernym Movement.
- Save_our_Swiss_Gold type Organisation.
- Save_our_Swiss_Gold comment "Save our Swiss Gold motion is a citizen movement that calls for the Swiss central bank to hold at least 20% of its assets in gold, prohibit selling any gold in future and bring back all its gold reserves to Switzerland.The Swiss government and the Swiss National Bank (SNB), however, do not agree with this citizen movement and stepped up efforts to block the motion that would force the country to almost triple the amount of its gold reserves.The group argue that gold is a barrier to devaluation of fiat paper currencies and that there is a key flaw in the system of floating paper currencies. ".
- Save_our_Swiss_Gold label "Save our Swiss Gold".
- Save_our_Swiss_Gold sameAs m.01269qq4.
- Save_our_Swiss_Gold sameAs Q18378033.
- Save_our_Swiss_Gold sameAs Q18378033.
- Save_our_Swiss_Gold wasDerivedFrom Save_our_Swiss_Gold?oldid=651959685.
- Save_our_Swiss_Gold depiction World_Gold_Reserves.png.
- Save_our_Swiss_Gold isPrimaryTopicOf Save_our_Swiss_Gold.