On the Nov. 30th, we will know where the Gold price will be heading to.
A "YES" will be pushing the price of gold up to $1350 - $1400 as many suggest.
An extra information I have is that the BNS (Banque Nationale Suisse) does not agree with this initiative because it will limite the freedom or flexibility of money flow in the future, personal of the BNS suggest. Even more, this same personal are clearly saying that it could be fatal for the swiss economy in the near future.
This comments of the BNS are bringing a doubt to this apparently "YES" we all expect.
Yes we have understood the message, a "NO" can be also possible.
The following points/factors are to consider:
- FED's new round of money printing growing possibility, if not on the table yet,
- Several countries continue to import gold.
It is clear that the path for a Gold with higher prices is setting up.
Stay alert, be safe.