InformedTrades http://www.informedtrades.com/1880411-%5Btext%5D-swiss-reject-snb-gold-initiative-srf-projections-show-bloomberg.html
http://www.bloomberg.com/news/2014-1...ions-show.html
"The proposal stipulating the Swiss National Bank hold at least 20 percent of its 520-billion-franc ($540 billion) balance sheet in gold was voted down by 78 percent to 22 percent, according to projections by Swiss television SRF as of 1:00 p.m. local time. The initiative Save Our Swiss Gold also would have prohibited the SNB from ever selling any of its bullion and required the 30 percent currently stored in Canada and the U.K. to be repatriated. Polls, including one by gfs.bern, had forecast the initiatives rejection."
"The proposal stipulating the Swiss National Bank hold at least 20 percent of its 520-billion-franc ($540 billion) balance sheet in gold was voted down by 78 percent to 22 percent, according to projections by Swiss television SRF as of 1:00 p.m. local time. The initiative Save Our Swiss Gold also would have prohibited the SNB from ever selling any of its bullion and required the 30 percent currently stored in Canada and the U.K. to be repatriated. Polls, including one by gfs.bern, had forecast the initiatives rejection."
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