Switzerland already has over 1,000 tons of gold (officially), but this measure would require the SNB to keep 20% of reserves in gold at all times. The bank and Swiss parliment oppose it, but if 100,000 signatures can be gathered, it will be voted on by the people democratically.
LINK to Bloomberg via Mineweb: http://www.mineweb.com/mineweb/content/en/mineweb-fast-news?oid=239847&sn=Detail
Friday, May 9, 2014
Wednesday, May 7, 2014
2014 Trial of the Pyx in the United Kingdom
Ancient and interesting process that the UK employs to ensure the quality of Royal Mint coins:
http://www.bloomberg.com/news/2014-05-06/british-coins-pass-test-in-800-year-old-ritual.html
http://www.bloomberg.com/news/2014-05-06/british-coins-pass-test-in-800-year-old-ritual.html
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