Dominic Frisby Oct. 29, 2014: Switzerland enjoys a rather more direct system of democracy than we do.
If you want some kind of constitutional change, and you can find 100,000 people prepared to support your proposal with their signature, you can get a referendum called.
If the majority then vote in your favour, the matter is then referred to the 26 cantons – the administrative regions (similar to our counties) – and if the majority too vote yes, you’ll get the change you were agitating for.
There’s a referendum coming up next month that could have huge ramifications for gold investors…MORE (Moneyweek.com)