Nikolaus Jilch

Nikolaus Jilch Articles

“Without Gold I Would Have Starved To Death” – ECB Governor
By Nikolaus Jilch - June 8, 2018
Under central bank governor Ewald Nowotny, Austria has brought back half of its gold reserves into the country. But why? What is the fascination of gold today? Why does a central bank store tons of shiny metal in their cellars? And what...
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In 1792 the U.S. Congress adopted a bimetallic standard (gold and silver) for the new nation's currency - with gold valued at $19.30 per troy ounce

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