In its press release about the huge transaction, published 7 April, the Hungarian central bank explains its rationale for the dramatic purchase of what is approximately 5040 large (400 oz) gold bars, highlighting that gold has no credit risk and no counterparty risk, and so reinforces sovereign trust over all economic environments (normal and extreme), while being one of the most crucial reserve assets that a central bank can hold.….Zero Hedge
Hungarian Central Bank Boosts Gold Reserves By 3000% In Less Than 3 Years
Ronan Manly, BullionStar.com
3 comments:
The rest of mankind, who were not killed by these plagues, did not repent of the works of their hands so as not to worship demons and the idols of gold, silver, brass, stone, and wood, which can neither see nor hear nor walk; and they did not repent of their murders, nor of their witchcraft, nor of their sexual immorality, nor of their thefts. Revelation 9:20-21 New American Standard Bible
They will fling their silver into the streets, and their gold will become an abhorrent thing; their silver and their gold will not be able to save them on the day of the wrath of the Lord. They cannot satisfy their appetite, nor can they fill their stomachs, because their wrongdoing has become a cause of stumbling. Ezekiel 7:19
Hungary should instead allow all citizens, at least, to use its fiat in account form and not just an accursed usury cartel, aka "the banks."
Yo AA all that prophesied stuff never happened...
And ain’t gonna happen..
We can use our own judgement now.., we don’t need all that “carrot and stick” bs in the Israelite prophecy...
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