As the Swiss National Bank opposes the Swiss gold initiative, it is actually advocating keeping Switzerland subservient to the European Central Bank and particularly to the most financially irresponsible members of the euro zone, mining entrepreneur Keith Barron tells King World News today.
The SNB, Barron says, has "shackled the Swiss franc to the euro by pegging the franc at 1.20. They have supported that peg by buying up an incredible amount of euros. Now about 83 percent of Switzerland's foreign reserves are held in euros. What does that mean? To me it means that the independence of Switzerland is on the verge of being lost."
Barron says switching some of the Swiss reserves into gold is necessary to restore the country's independence.
Barron's interview is excerpted at the KWN blog here:
http://kingworldnews.com/kingworldnews/KWN_Da...2014/10/13_T...
