Five Reasons Gold Is Higher After Swiss Vote

On Sunday, Switzerland asked citizens if the central bank should hold a minimum 20% of its assets in gold, not be allowed to sell it off, and store it all at home. The initiative failed, with 78% voting against. A "yes" vote would have been particularly bullish for gold. But despite the "no" vote, gold prices rose anyway. The post Five Reasons Gold Is Higher After Swiss Vote appeared first on Money Morning - Only the News You Can Profit From .