Swiss move to negative interest rates.

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valuepro

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Swiss move to negative interest rates.

posted on Dec 18, 2014 09:57AM

http://www.kitco.com/news/2014-12-18/Swiss-Central-Bank-Imposes-Negative-Interest-Rates.html

Would this be neccessary if the initiative on gold holdings had passed?

Seems to me that the Swiss Frac would have become more desirable, offsetting this indirect means of devaluing the currency, but that's just me.

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