At least 77,000 people have signed up for President Trumps Houston rally on Monday to support incumbent Republican Sen. Ted Cruz, who is locked in the Texas Senate battle with Democratic Congressman Beto ORourke.
The Houston Chronicle reported that Houston police will....
In one of the most profound developments in the central bank gold market for a long time, the Hungarian National Bank, Hungarys central bank, has just announced a 10 fold jump in its monetary gold holdings. The central bank, known as Magyar Nemzeti Bank (MNB) in Hungarian, made the announcement in Budapest, Hungarys capital.
The details of Hungarys dramatic new gold purchase are as follows:
Before this month, Hungarys central bank held 3.10 tonnes of gold.
- During the first two weeks of October, the Hungarian National Bank purchased 28.4 tonnes of gold.
This gold purchase raised the central banks gold holdings from 3.1 tonnes to 31.5 tonnes, i.e. a 1000% or 10-fold increase.
- The Hungarian central bank had not altered its gold reserves since 1986, i.e. 32 years ago.
- The 28.4 tonnes of gold was purchased in physical form, and its repatriation has already taken place to Hungary.
- Interestingly, Hungary now holds the same amount of gold as it held 70 years ago.
Some of the newly purchased gold bars of the Hungarian central bank. This gold has also been repatriated to Hungary.
In conjunction with todays announcement in Budapest, the Hungarian National Bank put together a very interesting press release on its website (in Hungarian), which I have translated and edited, and which I think is worth reading in its entirety....