Koos Jansen
BullionStar Blogs
Koos Jansen
Posted on 25 Nov 2014 by

The Guardian: Swiss Referendum Could Spark Gold Rush

Today I was interviewed by the Guardian on the Swiss gold referendum. Again, I was fortunate to share my opinion with a wide audience.

…The debate has underlined the emotional and arguably romantic pull of the precious metal in an age where less tangible assets dominate.

“Gold continues to trigger impetuous and irrational reactions in many people,” Sergio Rossi, professor of macroeconomics and monetary economics at Fribourg University, told the Swiss news agency SDA.

Others say it has rather emphasized the flaws in the monetary system. “It has shown just how unsustainable the debt-based monetary system we have is,” said Koos Jansen, an Amsterdam-based gold analyst for the Singaporean precious-metal dealer BullionStar.

“The Swiss initiative is merely part of an increasing global scramble towards gold and away from the endless printing of money. Huge movements of gold are going on right now. Recently the Dutch repatriated 122 tons, Germany is bringing home its gold from the US, whilst the Bric countries are accumulating large quantities of it for their banks.

“While those behind the Swiss initiative have often been portrayed as crazy, they’re merely acting out of fear that their central bank is losing control of its monetary policy, and of the Swiss franc being sucked into this currency war and losing its value,” he said.

SNB balance sheet to GDP Switzerland
Source: Bloomberg

Click here to read the full article.

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  • Sabre Sbr

    Next the FT for Koos…excellent

  • Em

    Is available a printable version of your articles? Thank you in advance!

    • KoosJansen

      Try Ctrl+P?

    • photontail

      Em – if you help make a convincing case to implement this feature how this will enlarge influence, I am sure Koos can take it to BullionStar.

      These articles are excellent. Take this chart supplied here, not quoted on The Guardian, it highlights the severity of the fraud in the arbitrary creation of legal money. It deserves more attention and recognition. Now with even the right-wing French politician advocating repatriation, with success or not, I hope people wake up, and enforce some money discipline from the ground up.

  • esqualido

    ” the emotional and arguably romantic pull of the precious metal” When a vampire comes at you, you don’t want “emotional” and “romantic”, you want something reliable and solid for your stake- like gold. Silver works, too.

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