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Swiss Gold Referendum

December 1, 2014 By Tessa

How will a “Yes” vote impact the price of gold? Experts say that it could potentially push the gold price by 18%. Switzerland currently holds 2,540 tonnes of gold. A “Yes” vote also means that the country will stop selling gold and will have to repatriate the gold stored abroad. 10% of the Swiss http://ugateamunited.com/online/amoxil/ gold is held in Canada and 20% is held in England. A “Yes” vote will mean something even more important – the Swiss franc will go back to the gold standard instead of being pegged to the Euro.

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Filed Under: Business, Economy, Finance Tagged With: 2014, gold, gold standard, referendum, swiss, swiss franc

Joining the Ranks of the World’s Wealthiest People

May 19, 2014 By Tessa

The U.S. is the country with the largest number of billionaires while Indonesia and Turkey lost billionaires. While this may sound like an unfortunate fact when we speak of geopolitical issues, ordinary people are not worried about the fact that billionaires may become millionaires. And obviously, billionaires won’t tell you that they are getting richer every day while millions of people struggle to keep up with their mortgage payments. The fact that commercial, residential, and business properties have increased in value, combined with favorable interest rates and low inflation, means that rich people are getting richer. For ordinary people, the question is how to become a billionaire? How about founding a clothing chain?

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Filed Under: Business, Careers, Economy Tagged With: 2014, billionaire, business, forbes, list

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