Originally published October 24, 2014
On November 30th, the Swiss electorate will vote on an initiative put forth by Swiss People's Party and opposed by the government and central bank. Many articles have appeared recently making claims about this action which are misleading or outright false. A recent one caught my attention & I decided to research it myself. Here, I set the record straight and cut through both with an applied lesson of due diligence, providing a cautionary tale to verify what you read. A review of the VIX volatility index, GLD prices, and option premiums are performing as my strategy thesis expects.