Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche


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Swiss Vote on Gold Could Boost Big Miners

Okay, the initiative would be great news for gold miners, but it could be a recipe for disaster for the Swiss economy. Among other things, it could make the Swiss franc vulnerable to a currency collapse if the price of gold collapses. It could also create a bubble in the gold market that could wipe out a lot of fortunes.

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