Monday, October 13, 2014

Shocking Event To Change Entire Global Financial Architecture

"Nigel’s speech resonated very well with the Swiss audience. The Swiss are very independent and have already rejected EU membership. At this meeting, the Swiss Gold Initiative was also discussed. Farage was a commodity broker in the City in London before he went into politics. He was not in Switzerland to discuss the Gold Initiative but we know from his KWN appearances that he favors sound money and gold. And this Gold referendum is also indirectly a vote on not allowing the ECB to influence Swiss monetary policy since the Swiss Franc is pegged to the Euro.

So on November 30, 2014 the Swiss People have the opportunity to determine not just the fate of their own financial system but also to be the catalyst for the return to sound money in the Western World.

Gold Initiative

They will do this in a referendum on the “Gold Initiative” which has three demands:
  1. 1.Returning the gold held abroad (in Canada and the UK) to Switzerland 
  2. 2.The Swiss National Bank must hold 20% of their assets in physical gold 
  3. 3.No further gold sales. 

So why it this referendum so important? Because Switzerland has for hundreds of years been a bastion of sound monetary policy and low inflation. But this has gradually changed in the last 100 years since the creation of the Fed in the US..."

at http://kingworldnews.com/kingworldnews/KWN_DailyWeb/Entries/2014/10/11_Shocking_Event_To_Change_Entire_Global_Financial_Architecture.html

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