Swiss central bank slumps to £6bn loss (Jan 2014)

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Source: The Telegraph – Swiss central bank slumps to £6bn loss

Notable excerpts:

Switzerland may be famed for its banking skills but the country’s central bank has found itself in the embarrassing position of having to post an annual loss.

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UK gold exports to Switzerland surge as investors sell ETFs (Oct 2013)

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Source: Reuters – UK gold exports to Switzerland surge as investors sell ETFs

Notable excerpts:

A surge in gold exports from the United Kingdom to Switzerland this year may largely be the result of metal sold out of exchange-traded funds being shipped for re-refining before making its way to Asia, according to Australian bank Macquarie.

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