Poland to Purchase 'At Least' 100 Tonnes of GoldChris Menahan
Mar. 15, 2021
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Poland's economy has been on a tear despite the worldwide corona-panic and in a show of strength their central bank has announced they're planning to purchase "at least" 100 tonnes of gold.
From Reuters, "Poland's central bank wants to buy 100 tonnes of gold, governor says":
Poland's central bank wants to buy at least 100 tonnes of gold -- worth some $5.5 billion at current prices -- over the coming years, as it continues to expand its bullion reserves, governor Adam Glapinski said in an interview published on Monday.Poland's economic resilience has been described as an "economic miracle."
From DW, "Germany eyes Poland's economic miracle for post-COVID growth":
Since the Law and Justice Party (PiS) came to power in 2015, the EU's sixth-largest economy has drawn attention primarily over its alleged democratic backsliding. At the same time, however, the resilience of the Polish economy has been astonishing.Small business owners staged what Foreign Policy magazine described as a "mutiny" over Poland's lockdown measures earlier this year and simply re-opened in defiance of the state.
From Foreign Policy, "Poland’s Businesses Are Rejecting Their Lockdown: The Polish government ordered the economy to shut down. Small-business owners organized a mutiny":
On Jan. 19, for the first time in weeks, skiers crisscrossed the fresh snow in Ostoja Koninki in southern Poland. A lockdown is in effect across the country due to the coronavirus pandemic, but the resort owner found a way around it. Every 15 minutes, he hosts a political summit on the mountain—one of the few events allowed under current rules. Anyone can use the ski lift to attend—all they need to do before buckling their boots is sign a membership form for the “Business Owners’ Strike” political party.Follow InformationLiberation on Twitter, Facebook, Gab, Minds, Parler and Telegram.