Starting 2025, silver became more expensive in Poland. However, this happened not in the way we would like, but through the implementation of 23% VAT. And there has also been a lot of recent talk about trade tariffs. Does this mean that investing in silver has just become unprofitable? Quite the contrary, as we will try to prove in this analysis.
In the recent years a lot has been written on El Salvador regards to its president, uncompromised fight against organized crime and Bitcoin related policies. On 6th of December 2024, its president – Nayib Bukele – made a speech on immense yet unmined gold and other metal reserves. What is it all about then, and are they really worthy 3 trl USD, as he said?
This is a story of past silver purchase that cornered Comex participants. Between 1997 – 1998, Warren Buffett purchased 4.000 t. in weight of silver, which eventually had been sold by 2006. And as kind reader might expect, there is more behind a story than often is being considered as simple purchase-hold-sell transaction.
In this series, we’ll attempt to present policies of Poland’s central bank. We aim to present its main strategic pillars, which are increase of gold holdings, preservation of polish currency, importance of maintaining circulation of physical cash and general monetary policy assumptions.
Today we’ll try to answer question about the size of the precious metals market. This is a legitimate question in the context of recent price increases, but at the same time it should give esteemed readers some perspective and scale of comparison against other asset classes.
We continue and conclude our considerations on the subject of historical economy for connoisseurs and not only. We’re discussing history of gold and its use in Bolshevik Russia and USSR in the years 1918-1991.
We continue our considerations on the subject of historical economy for connoisseurs and not only. We’re discussing history of gold and its use in Bolshevik Russia and USSR in the years 1918-1991.
We continue our considerations on the subject of historical economy for connoisseurs and not only. We’re discussing history of gold and its use in Bolshevik Russia and the USSR in the years 1918-1991.
This time we have a pleasure to present subject from the field of historical economy for connoisseurs and not only. What we’d like to discuss in this series of articles is history of gold and its usage in Bolshevik Russia and USSR between 1918-1991.