To pass, the initiative needs both a majority of voters and a majority of the 26 Swiss cantons. That’s over 50% of voters and over 50% of regions needed to succeed.
If successful, the referendum has to go back to parliament for ratification, which according to some reports, could take up to two years as, the Swiss Federal Council can also deem that the resulting law may be harmful to the country and so can organise another vote to confirm what the population wants to do.
From the outset it’s a very tall order to get this passed. Recent polls have shown the yes voters well below the numbers needed to pass, and the majority of the Cantons have said they will reject it also.
There is always a risk though but it’s looking very slim.
The last poll had only 38% in favour but the even those numbers were accumulated. The actual breakdown was;
27% definitely in favour of the gold initiative
36% definitely against the initiative
11% rather in favour of it
11% against it
15% no answer or undecided
(anche se ancora nessuna comunicazione ufficiale).
