Gold News: 3 Under-the-Radar Places That Profited

gold nuggets, gold price
Written by Mike Hammer

In today’s gold news, it seems China and India aren’t the only countries who are going for it these days.  Poland is also going big for gold, in the biggest way in 20 years.  The Polish central bank bought 9 tonnes of gold to add to their central reserves in the July-August timeframe. Poland does not comment on their reserve holdings, but analysts believe the recent lows in gold prices made gold very attractive. And, quite possibly, Poland’s central bankers know a good deal when they see one.

Poland is one of the bright spots in Western Europe, ranking among the top 4 economies last year. They must be doing something(s) right.  Three other under-the-radar countries also added significantly to their gold holdings last quarter; you’ll have to read today’s featured article to find out who they are.

Continue reading at Bloomberg.com

About the author

Mike Hammer

Mike Hammer has had a wide-ranging career, with trading and investing as continuing themes. Mike graduated with a business degree and spent years as a financial advisor, before moving to New York and to pursue a career in IT and education. For more than a decade Mike has been working with the Adam Mesh Trading Group as a stock market and commodities mentor. He’s trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to educational webinars.

Mike writes The Gold Enthusiast daily newsletter, runs the Golden Hammer trading service, and participates in the Mesh Private Portfolio. He also keeps a position in international education which keeps him in touch with "the student mindset".

Mike focuses on the precious metals markets, the energy industry, and the financial sector. His motto is "Plan your trade, then trade your plan!"

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