Gold To Start Week With Swiss Referendum, End With U.S. Payrolls

還有不到兩天就是瑞士時間星期日, 一個歷史性時刻，人民將有機會讓央行不再出售任何屬於瑞士公民的黃金。在這次 ‘Save Our Swiss Gold’ 公民投票目的之一, 是要央行將儲存在其他國家中的黃金遣返與瑞士人民。更重要的是所有資產（貨幣）將需要有20％黃金作為支持。現在瑞士國家銀行資產負債表上的資產7.6％是黃金。如果這次公投成功的話，瑞士法郎將成為全球最值錢的貨幣，而全球的黃金需求將會被巔覆。雖則金價過去兩天大幅下跌, 皆因市場認為公投將不會通過。究竟事態如何，惜目以待。那怕革命還未成功，將來還可努力。必定還有很多推翻現行貨幣政策的運動陸續出來。

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11/28/2014 @ 2:06PM 

(Kitco News) – Gold trading next week will be bookended by a pair of major potentially market-moving news events – a Swiss gold referendum on Sunday and the monthly U.S. employment report on Friday.

In between, traders will also be watching oil prices and a meeting of the European Central bank.

Traders will be on the lookout over the weekend to see if the Swiss populace votes in favor of a measure that would mean the Swiss National Bank would have to increase the portion of gold in its reserves. If so, analysts have said the central bank would have to buy 1,500 or more metric tons over a five-year period, based on current foreign-exchange reserves and gold prices.

The monthly U.S. jobs report is always closely watched as an indicator of the health of the U.S. economy, which in turn will determine how quickly the Federal Open Market Committee might eventually start hiking interest rates. Fed officials meet again Dec. 16-17, and whereas no change in rates is expected, traders will be watching for any subtle wording changes that could hint on future policy.

As of the pit close Friday, gold for February delivery was $22.90 lower for the week at $1,175.50 an ounce on the Comex division of the New York Mercantile Exchange. March silver was down 90.3 cents to $15.556 an ounce.

In the Kitco News Gold Survey, five participants said they see prices up next week, while 11 see prices down and three see prices sideways or unchanged. Market participants include bullion dealers, investment banks, futures traders and technical-chart analysts.

“A lot will depend on what the decision will be,” said Afshin Nabavi, head of trading with MKS (Switzerland) SA.Sunday’s Swiss gold referendum would require all of the SNB’s gold to be held within the country and forbid the future sale of central-bank gold. The provision capturing the most attention is one requiring at least 20% of the central bank’s assets to be held in the precious metal. Investment banks have estimated that the SNB would have to buy between 1,500 and 1,750 metric tons over a five-year period.