Hungary Raises Gold Reserves Tenfold

[CommissarJones]

The central bank now owns 31.5 tons of bullion, after buying for the first time since 1986.

http://www.mnb.hu/en/pressroom/press-re ... cal-levels

Preserving its historical role, gold continues to be one of the safest assets in the world, which enhances stability and confidence even under normal market circumstances.

[jaizan]

When the GBP, USD, EUR &JPY have all had QE, I think it makes sense to have some of your reserves in gold which cannot be printed off at will by a central bank.