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Gold from Ukraine to The Federal Reserve Bank, New York, USA|
23 November 2014.
On 07 March 2014, an unmarked transport plane was on the runway at Borispol Airport east of Kiev.
Four trucks without license plates and two Volkswagen minibuses arrived, people in black uniforms, masks, and body armor stepped out, some armed with machine guns.
They loaded the plane with more than 40 heavy boxes.
Later it was confirmed, that acting Prime Minister Arseny Yatsenyuk had agreed, to transfer all 33 tons of the nations gold reserves, worth 1.8 billion US$, into custody of the Federal Reserve Bank of New York.
This is a striking analogy to both Iraq and Libya, which had their gold reserves confiscated by the USA after the USA/NATO conquests.
Most of the gold in Ford Knox (4,578 metric tons), and Manhattan (7,000 metric tons), is probably gone, used to finance US military efforts.
Analysts avoid the term “stolen” and use instead the phrase, that the “gold has been overcommitted.”
In an effort to meet their rising debt obligations, central banks around the globe have been printing money at a frantic pace.
Distrust between central banks, and lack of faith in fiat currencies, is growing and many central banks try to bring their gold back home.
Equador wants its reserves back, there are initiatives in Switzerland and Netherlands to repatriate gold.
Germany wanted some of its gold back, but allegedly logistical requirements prevented the NY Fed from returning Germanys 300 tons of gold.
After a year of waiting, the NY Fed only sent 5 tons, and it weren’t even the original bullions.
The Bundesbank admitted that the gold sent back had to be melted down and tested for purity because it weren’t the original bars.
Venezuela was luckier, it got its gold reserves back, though it took the NY Fed nearly five month to scrape the 160 tons of gold (valued at around 9 billion US$) together and deliver it to Venezuela.
Back to Ukraine.
The price of gold in Ukraine reached its absolute historical maximum — a gram of gold is sold at 665 hryvnia.
Since the beginning of the year the price of gold almost doubled.
Valeriya Gontareva, governor of the National Bank of Ukraine, acknowledged:
“There is practically no gold in the depositories of the National Bank of Ukraine. There is a small amount of gold bullions, but they comprise practically one percent of the gold and forex reserves.”