Sad news in Switzerland: It’s being reported this morning that several people have been killed in a mass shooting. It should be interesting to see how Swiss legislators react to a mass shooting of their own. Based on their recent position of abandoning their support of banking privacy laws and their march to devaluing the franc* — it wouldn’t surprise me if they start grabbing the guns, too.
* Ref. Wiki: The Swiss franc has historically been considered a safe-haven currency with virtually zero inflation and a legal requirement that a minimum of 40% be backed by gold reserves. However, this link to gold, which dates from the 1920s, was terminated on 1 May 2000 following a referendum. By March 2005, following a gold selling program, the Swiss National Bank held 1,290 tonnes of gold in reserves which equated to 20% of its assets).