Czech Republic To join Poland And Hungary In Central European Gold Rush

Source: https://www.zerohedge.com/markets/czech-republic-join-poland-and-hungary-central-european-gold-rush
Published: May 30, 2022
Author: Horse
Post Date: 2022-05-30 07:40:15 by Horse
Views: 266

The incoming governor of the Czech National Bank (CNB), Aleš Michl, said that he plans to massively increase the central bank’s gold reserves from the current 11 tonnes to over 100 tonnes or more.

Poster Comment:

Imagine what will happen to the price of gold mining shares.

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#1: BTP Holdings    To: Horse (#0)

The incoming governor of the Czech National Bank (CNB), Aleš Michl, said that he plans to massively increase the central bank’s gold reserves from the current 11 tonnes to over 100 tonnes or more.

Germany wanted to repatriate their gold and Bernanke told them it would take 10 years to get it to them. Could it be the gold had been leased out? ;)

BTP Holdings posted on 2022-05-30 08:20:55   Reply   Private Reply