During October 2014, the Bank of Russia reported that Russian international gold reserves increased 1.6 percent… to 37.6 million ounces (1,169.5 metric tons), compared to 37 million ounces as of 1 October. The monetary value of the gold reserves increased by 0.6 percent… up to 45.307 billion USD (2.07 trillion Roubles. 277.485 billion Renminbi. 2.8 trillion INR. 51.154 billion CAD. 52.033 billion AUD. 36.368 trillion Euros. 28.916 billion UK Pounds) from 45.016 billion USD (2.058 trillion Roubles. 275.703 billion Renminbi. 2.785 trillion INR. 50.825 billion CAD. 51.68 billion AUD. 36.134 billion Euros. 28.736 billion UK Pounds) at the beginning of September. The proportion of gold in international reserves rose to 10.57 percent from 9.91 percent. At the beginning of January, Russian international gold reserves amounted to 33.3 million ounces (1,036 tonnes). Thus, for the first nine months of 2014, Russian gold reserves rose 12.9 percent. The price of gold since the beginning of the year increased 13.3 percent. Increase in Russian gold stocks in 2013 was 8.1 percent (77.759 tons)… it increased to 33.3 million ounces from 30.8 million ounces. However, the monetary value of gold in reserves decreased by 21.2 percent to 39.99 billion USD (1.828 trillion Roubles. 244.92 billion Renminbi. 2.47 trillion INR. 45.288 billion CAD. 45.91 billion AUD. 32.1 billion Euros. 25.523 billion UK Pounds) from 51.039 billion USD. (2.332 trillion Roubles. 312.59 billion Renminbi. 3.146 trillion INR. 57.8 billion CAD. 58.59 billion AUD. 41.04 billion Euros. 32.57 billion UK Pounds). The proportion of gold in international reserves declined to 7.8 percent from 9.5 percent. In recent years, the physical volume of gold in international reserves (on 1 January) has steadily increased:
- 2007: 402.0 tons
- 2008: 450.0 tons
- 2009: 519.0 tons
- 2010: 637.6 tons
- 2011: 789.9 tons
- 2012: 883.2 tons
- 2013: 958.0 tons
20 November 2014
Over seven years, Russian national gold reserves have increased almost three-fold. I’d say that CIA and Stratfor assessments that the Russian economy is in the shitter are a bit strident and off-base, wouldn’t you? It tells you much about ALL American assessments of Russia… it isn’t very good, is it? Remember, both Stratfor and Langley (especially, the former) have agendas that shape their “intelligence”… that DOES affect their “judgements” (to put it charitably).
Recently, the news came out that there’s almost no gold left in the vaults of the National Bank of the Ukraine. This news came directly from the head of the Ukrainian National Bank, V А Gontareva. Where did the precious metal go? Gontareva didn’t specify where the gold suddenly disappeared to, but we know that the gold in the vaults is only about an eighth of what it should be. She said, “There’s a small amount of gold bullion, but it’s literally 1 percent of the gold reserves”. Zerohedge Edition found enough conspiracy theories, but that doesn’t mean that they don’t contain truth. Back in March 2014, the IMF stated that the gold reserves in the Central Bank of Ukraine as of February 2014 were 42.3 tons, i.e. 8 percent of the gold reserves. Curiously, at that time, the coup was in full swing, which means that the substantial amount of gold in reserve was due to the foresight of former President V F Yanukovich. Moreover, during the reign of that “hateful” Ukrainian President, gold reserves increased steadily and reached a record just before his overthrow. Earlier, Zerohedge reported on a strange event that occurred almost immediately after the coup. You can find the information presented below in many Ukrainian media sources. Zerohedge’s publication was from 7 March 2014.
Tonight, a plane took off for the USA from Borispol Airport loaded with the Ukrainian gold reserves. As reported by airport workers, at 02.00 MSK, an unmarked transport aircraft landed at the airport. According to Borispol staff, before it landed, four cars and two large trucks pulled up, all without licence-plates. About fifteen people in black uniforms, masks, and body armour got out of the cars. Some of them had machine guns. These people placed over forty heavy boxes in the plane. After this, some of the masked men boarded the plane. They carried out the loading in a rush. After the operation, the unmarked cars immediately left the runway, and the plane took off hastily. Those who saw this secretive “special operation” immediately alerted airport officials, from whom they received a strong recommendation “not to meddle in other people’s affairs”. Later, a newspaper asked a former senior government official, who said that, according to him, the “new leaders” of the Ukraine spirited away the entire Ukrainian gold reserve to the USA.
Of course, the accuracy of this story is virtually impossible to verify, and it’s even more difficult to get any official confirmation of the “flight” of the Ukrainian gold reserve across the ocean. Nevertheless, one can assume that the price for the “liberation” of the Ukraine was the transfer of the Ukraine’s gold to the Fed. In addition, Germany stores much of its gold reserves at the Fed. After the stunning announcement in January 2013 that the Bundesbank planned to repatriate 674 tons of gold stored now at the Fed and in the Central Bank of France, nothing happened. The reasons for this are likely to lie completely in politics, despite official statements to the contrary. We’ve already written on why Germany didn’t repatriate its gold at the Federal Reserve.
19 November 2014
So… the USA stole the Ukrainian gold reserves… that means that it doesn’t view the long-term survival chances of the Uniate junta as being good. In short, the American neoliberals (both “liberals” and “conservatives”) are the same under the skin… they’re acquisitive bastards intent on winning at any cost. “We’ve got ours and to hell with you”. That goes for both John Kerry and Marco Rubio… for Chilly Hilly and Ted Cruz… and for Barack Obama and Wet Willy Romney. They’ve got your best interests at heart, dontcha know…
A P Yatsenyuk said, “Only rogue states without international support need gold and foreign exchange reserves. The Ukraine isn’t one of them”.
20 November 2014
Now, that’s interesting… only rogue states need gold and foreign exchange reserves! Reflect on this… Langley and Stratfor take this crackbrained loon seriously. Crazy world, ain’t it?