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 a continuing theme. Mike graduated with a business degree, then worked with Macy's. After Macy's he spent a summer trading his own account, which taught him a lot about trading in general and markets in particular. Trading through the Black Monday and the Crash of 1987 showed him how most people are unprepared for upheavals in their trading. He then joined a well-known financial planning firm as a financial advisor, helping regular people understand their finances and meet their life goals.

Then came the usual story - Mike met and married the lady of his dreams. They moved to upstate New York, where he worked first for a small manufacturing consulting company, then a major university. While loving the work and the higher-education atmosphere, Mike missed the world of finance. Eventually, he signed up for stock trading coaching with the Adam Mesh Trading Group, to learn from people who understood modern markets. Within a year, Adam asked Mike to become a stock trading coach.

Since then, Mike has trained over 200 individuals, spoken at several national conventions, and is a frequent contributor to conference calls across the Adam Mesh community. 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 keep him in touch with "the student mindset". Mike closely follows the gold, energy, and financial sectors. His motto is "Plan your trade, then trade your plan!"

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