With the new Polish government under Prime Minister Donald Tusk, a new member of the Davos Club has joined the EU. This man's comeback will have major consequences for this country! In recent years, it has been the Polish central bank that has made massive gold purchases, not least in order to build up a stable buffer between its own capital market and the crumbling eurozone. Contagion risks are known to lurk everywhere on the old continent!

For the European Central Bank, a fundamental component of the Davos policy to finance the whole climate madness, this means opening up another opportunity to get its hands on gold reserves and build up something like a collateral on its own balance sheet that has substance. So far, however, countries such as Germany or Italy have massively refused to hand over the last of their own central banks' gold to the ECB. In the final chapter of the European Central Bank, it will be important to appropriate all gold reserves in order to stabilize the euro or establish a follow-on currency.