The Lemon Fool

Posted: **October 24th, 2018, 9:20 pm**

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

Magyar Nemzeti Bank wrote: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.

Posted: **November 7th, 2018, 10:22 am**

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.

The Lemon Fool

Hungary Raises Gold Reserves Tenfold

Hungary Raises Gold Reserves Tenfold

Re: Hungary Raises Gold Reserves Tenfold