How Poland Repatriated Billions of Gold

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Written by Mike Hammer

As regular readers know, London is home to one of the world’s largest store — and clearing-houses of gold. In recent years, amid increasing geopolitical instability, countries have been repatriating their gold – most notably Germany and Venezuela. Because while we all trust each other in this brave new world, having someone else sitting on your gold means they have some control over you, as Venezuela found out.

Now, Poland seems to be on that bandwagon as well. Reports surfaced in July that Poland had been on a gold-buying spree, and raised the question of if and when Poland might want the gold on home soil. Apparently that was the plan from the start. Today’s featured article fills you in on how this mega-gold-move was accomplished.

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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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