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Ronan Manly: Czech Republic to join Visegrád Group allies in Central European gold rush
By Ronan Manly
Bullion Star, Singapore
Saturday, May 28, 2022
It was almost inevitable that the Czech Republic would buy more gold.
With all of its regional neighbours having recently either repatriated large quantities of gold (Germany and Austria) or bought large quantities of gold (Poland and Hungary), it seems that the Czech Republic has now taken note and does not want to be left out of this Central European gold rush.
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On May 26 in an interview with Czech publication Ekonom, the incoming governor of the Czech National Bank, 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. ...
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