“Switzerland is for gold what Bordeaux is to wine.” – Gilles Labarthe, Swiss journalist and ethnologist. by Dan Popescu, Gold Broker: When one thinks of Switzerland, banking comes to mind easily but gold doesn’t as much. After all, the relationship between Switzerland and gold is more ancient than the one with paper bank deposits. Certain bankers from Geneva, such as Lombard Odier and Pictet, started in 1800 and have more than 200 years of history. Back then, paper money didn’t exist yet and deposits consisted mainly of gold and silver.
Read more about Switzerland’s Role in the Gold Market
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