• How Hungary Reduced Risk Without Forfeiting Returns

    26 days ago - By ETF Daily News

    Hungary isn't known today as one of the world's top gold producing countries. There was a time, though, when it accounted for around three-quarters of Europe's entire output of the yellow metal, if you can believe it.
    According to historian Peter Sugar's A History of Hungary , the central European country was a “veritable El Dorado” in the 14th century, and its gold pieces circulated widely across the entire continent, competing with those minted in Italy and England.
    It was this rich mining heritage that Hungary's central bank evoked when it announced last week its decision to increase...
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