Relevant:
- Switzerland Wants Its Gold Back From The New York Fed
- Swiss Voters Reject Central-Bank Gold Initiative
- Swiss Referendum May End Gold Sales;Force Repatriation And 20% Holding
- Analysis: Gold shines as Swiss franc's haven appeal dims
- Sudden Spike - Trend Reversal and Record Swiss Gold Flow Into The United States
2013-02-01 — seekingalpha.com
A year ago, 4 Swiss parliament members launched the "Swiss Gold Initiative" to repatriate their gold to Switzerland. Today, almost one year later we have 90000 supporters for this initiative. Once the 100000 supporters is reached, we are certain that the Swiss National Bank will repatriate their gold holdings. I'm sure those 10000 votes will be reached by March 2013.
...
The SNB hasn't said where its gold is and also hasn't said if it will repatriate their gold all at once, but if they were to repatriate it all at once, it would be almost double the amount that Germany is now repatriating over 7 years: namely 674 tonnes of gold.
Hmm ;not sure how this will square with the SNB's "destroy the Swiss Franc" campaign...
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