Throughout its history, the condition of the National Bank of Poland has not been as excellent as it is now. Absolutely all the data on the NBP is better than the top optimists predicted in their forecasts.
The attacking Polish central bank and its president must invent uncreated stories to construct anything that might match a charge. And they're all like a bullet to the fence. They were talking about advanced salaries of the Management Board, and it turned out that compared to the national wage average they were lower than ever. They made up and publicized moral rumors and ended with the information that they were about people in the bank no longer employed. They were hysterical about the alleged politicization, and the facts clearly show that the current president did not make any personnel changes, resulting in the percent of people in any way always associated with the fresh power camp closing down in fractions of the promilium. Thinkable, all of these calumnies must have considered the deficiency of arguments regarding the NBP's results and resources. And it is known why – so good were never before.
One of the most tangible facts is the level of reserves at the disposal of the National Bank of Poland. Their size means the size of the policy available to our state in the event of a hard time: a downturn, attacks on the Polish financial system, excessive weakening of the value of the zloty, economical recession or another kind of crisis and war. All the central banks of the planet fill their vaults with the top reserves for specified circumstances. And in the last 8 years, no has developed in this respect as much as our National Bank of Poland.
The gold is collected by all, but inactive 8 years ago Poland was barely counted among its owners. Only the president of Prof. Adam Glapiński started powerful purchases. And they've always been shopping, which by watching all the another CEOs just squeaked out of jealousy. Analysts argue whether this was the consequence of the work of the most excellent marketplace experts, phenomenal and permanent happiness, or simply unbelievable “banker nose” of the president Glapinski. The facts are that each acquisition was made just before the spike in the gold price. 1 specified acquisition in 1 period resulted in a profit of over PLN 4 billion! And the gold is costly all the time. In 2002 1 gram of it cost PLN 41, in 2009 almost PLN 100, in 2019 PLN 159 and present – almost PLN 300. past besides knows the fluctuations down, but practically always since, in the long term, gold gains value. This is simply a long-term investment.
Today, there is as much gold in the NBP vaults as no 1 dreamed a fewer years ago. The combined weight of the pure gold bar is almost 374 tons. We are far from the richest central banks in the world, including 8133 tons, German 3352 tons, and Chinese 2262 tons. After fresh purchases, however, our Polish central bank jumped over UK resources for example. Today, the Polish gold vault is the fourteenth richest in the world.
However, Prof. Adam Glapiński believes that in times as hard as today, the Polish central bank should have even more resources. Hence, it lists 570 tonnes as the number it seeks. due to the fact that specified a quantity of gold would put Poland among the fewer most unchangeable economies in the planet which stand out with the lowest investment risk. specified resources would besides be an chance to face even the top and most violent crisis or war threats. president Glapiński besides believes that at least 20% of the reserves should consist of gold. Currencies can lose value and banknotes can simply burn. And gold is not only indestructible, but its value will increase. And they can only be lost by robbery. All central bank governors know this, and they are all moving in the same direction. However, no 1 manages to get results with their size even akin to the fruits of Prof. Glapiński's work. Today, gold is about 16% of the NBP's evidence reserves. In total, they number more than 2 100 billion US dollars today. The increase in the value of Polish gold from prof. Glapiński taking over the management of the central bank is six times! To all banker in the world, these increases make you dizzy. Even the owners of the richest gold mines were never able to fill their safes at a akin rate.
Of course, the 14th largest vault in the planet is not missing. And the most accurate and only specified are the reasons for the furious attacks of Tusk on the National Bank of Poland and the individual who was its president. Tusk is simply a spokesperson of the Germans (and 1 Belgian – known to us all Guy Verhofstadt, Polish independency Day calling the “Nazi March”) fresh European treaties. 1 of the key points of these treaties is that the gold reserves of our central bank are to go to the vaults of the bank in Frankfurt am Main managed by Germany. It is of course a hucpa on a scale that cannot fit in the head. However, this scam of all time means precisely this – the influence of Poland on the possession of all Polish gold resources is to fall to absolute zero. Germany is the only 1 to become its own.
Everything Tusk has been doing since 13 December 2023 seems to be fulfilling the task described straight in the fresh EU treaties. 1 of their points refers to "the core territories of the European Union". Poland is not to belong to them, hence the rights of Poles by virtue of the fresh government will be completely different from the rights of Germans or French people. The next point states that "the only currency in the EU is the euro". Next: "All central banking resources are at the disposal of the European Central Bank". German – from Frankfurt am Main. It is de facto a German bank and only the German most painfully convinced Greece. erstwhile she was in trouble, this de facto German although, by name, the European central bank did absolutely nothing to aid Greece, and at the same time everything to let Greece to plunge into the crisis, exploited only and exclusively by German benefits.
The objectives of Tusk's attacks on the NBP are to remove the president on the euro saying "over my dead body" and to take Poland's gold reserves, according to the German plan to be at the disposal of the bank from Frankfurt am Main. German powersmen Tusk besides equips him with a fresh "argument", which can service the plunder of the Polish treasure. It is being implemented by the European Commission with the excessive deficit procedure to which Tusk has led after respective months of his rule. It took six months for the proceeds of the State Treasury companies to go down. Gas prices have risen and the influences of Orlen are already a fraction obtained in the days of president Obiek. And the same happens in the majority of the Polish economy. Last time, the excessive deficit procedures Tusk avoided stealing OFE from Poles. What will Poles bargain this time? If procedural or non-procedural methods presume an attack on the NBP and its president – then let's have no uncertainty about what it might be about. The aim will be to have the German-controlled manager of the pro-German government rob Poles of their gold.
Artur Adamski
