Poland’s central bank chief weighs gold sales to finance defense

By Piotr Skolimowski and Agnieszka Barteczko Bloomberg News via MSN News, Redmond, Washington Thursday, March 5, 2026 Poland's central bank chief laid out a proposal to generate as much as 48 billion zloty ($13 billion) from the sale of gold reserves to finance defense spending as part of a plan backed by the nation's president, according to people familiar with the matter.  ... Dispatch continues below ... ... ADVERTISEMENT ... Fisher Precious Metals offers great prices with personal service from a family team Family-owned and operated Fisher Precious Metals is a great low-cost source for precious metals -- coins, rounds, and bars. But we also get you the highest prices available when you sell your precious metals.   Expect a personal approach with Fisher Precious Metals. You can always speak directly with the owners within 24 hours if not immediately. We provide you a team you can get to know and call at any time to discuss your investments with no pressure to buy. Check our Google reviews to see what our clients have to say: https://g.page/FisherPreciousMetals?share Contact us at 1-800-390-8576 or [email protected] or visit us here: https://fisherpreciousmetals.com/ Governor Adam Glapinski outlined the proposal Wednesday in a meeting with President Karol Nawrocki as the head of state announced he would seek an alternative to a European Union program that is opposed by the United States. Nawrocki and his aides have criticized the EU's €150 billion ($174 billion) loans-for-weapons project as a costly endeavor that would jeopardize ties with Washington.  But the funding initiative would face legal and political hurdles in Warsaw. The central bank is prohibited from funding the government -- and Prime Minister Donald Tusk is firmly committed to tapping Warsaw's €44 billion share of the Security Action for Europe program. ... ... For the remainder of the report:  https://www.msn.com/en-us/money/other/poland-s-central-bank-chief-weighs-gold-sales-to-finance-defense/ar-AA1XAHhP * * * Support GATA by purchasing Stuart Englert's "Rigged" "Rigged" is a concise explanation of government's currency market rigging policy and extensively credits GATA's work exposing it. Ten percent of sales proceeds are contributed to GATA. Buy a copy for $14.99 through Amazon: https://www.amazon.com/Rigged-Exposing-Largest-Financial%20-History/dp/1651405204/ref=sr_1_fkmr1_2?keywords=rugged+stuart+englert&qid=1579708888&sr=8-2-fkmr1 * * * Help keep GATA going: GATA is a civil rights and educational organization based in the United States and tax-exempt under the U.S. Internal Revenue Code. Its e-mail dispatches are free, and you can subscribe at: http://www.gata.org To contribute to GATA, please visit: http://www.gata.org/node/16 Donations of $500 or more will entitle the donor to a 1-ounce silver round commemorating GATA's work: https://www.gata.org/sites/default/files/GATA-silver-round-front.png