Was The Price Of Ukraine's "Liberation" The Handover Of Its Gold To The Fed?

Tyler Durden's picture


A curious story, and one which should be taken with a mine of salt, has surfaced out of the pro-Russian newspaper Iskra, which reports - so far on an entirely unsubstantiated basis - that last Friday, in a mysterious operation under the cover of night, Ukraine's gold reserves were promptly loaded onboard an unmarked plane, which subsequently took the gold to the US.

From the source:

Tonight, around at 2:00 am, an unregistered transport plane took off took off from Boryspil airport.


According to Boryspil staff, prior to the plane's appearance, four trucks and two cargo minibuses arrived at the airport all with their license plates missing. Fifteen people in black uniforms, masks and body armor stepped out, some armed with machine guns. These people loaded the plane with more than forty heavy boxes.


After this, several mysterious men arrived and also entered the plane. The loading was carried out in a hurry. After unloading, the plateless cars immediately left the runway, and the plane took off on an emergency basis.


Airport officials who saw this mysterious "special operation" immediately notified the administration of the airport, which however strongly advised them "not to meddle in other people's business."


Later, the editors were called by one of the senior officials of the former Ministry of Income and Fees, who reported that, according to him, tonight on the orders of one of the "new leaders" of Ukraine, all the gold reserves of the Ukraine were taken to the United States.

Indicatively, according to the latest IMF figures, Ukraine's official gold holdings are just over 40 tons, having doubled in the past decade:



So just more disinformation and propaganda surrounding the Ukraine, or something more? GATA has submitted an inquiry into the New York Fed to get official denial (because it certainly won't get a confirmation) from the Liberty 33 folks.

Of course, the best source of validation, and refutation, of this story would be the people of Ukraine, alas since not even Americans are entitled to observe how much gold is in Fort Knox, somehow we doubt that the Central Bank of Ukraine will be any more lenient in providing visiting and viewing hours for its much more compact gold inventory. Especially since the local population is far more busy celebrating its "liberation" by western powers.

We hope, for their sake, they weren't also just "liberated" of all their gold, which after a brief stay 80 feet below the surface at 33 Liberty, will promptly find its way either to the Bundesbank, or to the billionaire oligarchs, based either in London or elsewhere, and currently in charge of "post-liberation" Ukraine.

Finally, putting this into perspective, 40 tons of gold is roughly what China imports every ten days.

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Mon, 03/10/2014 - 21:59 | 4533139 DirkDiggler11
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We'll just hold it for safekeeping, just ask the Germans ....

Mon, 03/10/2014 - 22:02 | 4533149 Murf_DaSurf
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Plus they must re-melt and recast the lot to make sure its "ok"

Mon, 03/10/2014 - 22:08 | 4533185 TruthInSunshine
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Germany should have intercepted it, as they have requested their physical gold back from the Fed and have been told, essentially, that the return of said gold will take around 77 years.

Mon, 03/10/2014 - 22:11 | 4533197 Manthong
Manthong's picture


It's gotta' go to China to buy another month or two of dollar credibility.

Mon, 03/10/2014 - 22:13 | 4533205 knukles
knukles's picture

To Germany, via the FED.

Mon, 03/10/2014 - 22:23 | 4533236 SilverIsKing
SilverIsKing's picture

If this is true, then we should expect the 'liberation' of some other countries as well. Who might they be?

Mon, 03/10/2014 - 22:30 | 4533259 Seize Mars
Seize Mars's picture

Belarus, Poland, et cetera

Mon, 03/10/2014 - 22:32 | 4533267 National Blessing
National Blessing's picture

There is no Ukranian liberation.  Russia will never give back the Crimean Peninsula for all the gold in the world.  There are some things that money can't buy.  Bitches.

Mon, 03/10/2014 - 22:39 | 4533295 Independent
Independent's picture

The contents of that plane went to Israel, this was planned a while back, that is why they rushed the take over after the agreement was signed for new elections early, they wanted to put their people in charge right away and with the help of the neo nazi goons the gold was spirited away.  I am sure everyone including the Tribe and the Neo Nazis got their cut. Ukraine for the last two decades has been living not  behind the Iron Curtain but behind the 'KOSHER Kurtaine" and its finances show.

Mon, 03/10/2014 - 22:55 | 4533342 HoofHearted
HoofHearted's picture

I'd say the US needs to try to liberate Italy. I mean Bunga Bunga really needed to be taken out of power, so they might as well have taken th eItalin gold while they were at it.

Mon, 03/10/2014 - 23:07 | 4533378 Ifigenia
Ifigenia's picture

If Bunga Bunga is so bad then why the media attack him? even the BBC and Spiegel were in the front pack to tear Bunga Bunga reputation down. It is not normal.

Mon, 03/10/2014 - 23:11 | 4533384 BC6
BC6's picture

LOL, below. Credit to Jesse's Cafe:


I am informed by high reliable people that no one cares about gold anymore. And very important analysts claim that transporting many tonnes of gold (Ukraine is said to have about 33 tonnes) is very difficult, and so unwieldy and fraught with peril that it must be a multiyear project. 

Tue, 03/11/2014 - 00:05 | 4533500 AlaricBalth
AlaricBalth's picture

Kellyski's Heroes:

Big Ivan: Look, Mac, you and us? We're just soldiers, right? We don't even know what this war's all about. All we do is we fight and we die and for what? We don't get anything out of it. In about a half an hour the whole Russian army's gonna be comin' down that road. Why don't you do yourself a great, big fat favor, huh? And get the hell outta here?

Ukraine tank commander: I have orders. This gold isn't to fall into the hands of the Russian army.

Kellyski: Sergeant, this gold's not gonna fall into the hands of the Russian army. It's gonna fall in our hands. You see, we're just a private enterprise operation.

Ukraine tank commander: You... the Russian army!

Oddballonov: No, baby, we ain't.

Tue, 03/11/2014 - 00:09 | 4533511 strannick
strannick's picture

The American Way 2014. Causing civil war via paid proxies, so the can loot the nation while maintaining a depotic puppet in power. "America ruins the world so it can rule it" 

Tue, 03/11/2014 - 00:19 | 4533523 Scarlett
Scarlett's picture



Putin watched this without saying a word:




Then he said:  What are you waiting for, idiots.  Invade Ukrania now.

Tue, 03/11/2014 - 03:03 | 4533667 Tabarnaque
Tabarnaque's picture

Libya's gold was used to cover Venezuela prepatriation request. France used Mali's gold to send it to Germany. Now Ukraine's gold will be used for smashing down the Crimex paper price of gold (which recently has ad half life impact of less than 24 hours!). The criminals are getting to the end of the barril. 33 tones of Ukrainian gold is nothing. It is not even enough to cover one week of physical demand out of the SGE. Laughable.

Keep stacking.

Tue, 03/11/2014 - 04:46 | 4533715 Occident Mortal
Occident Mortal's picture


Well you don't expect the US/IMF to bailout Ukrainian national debts without taking some collateral do you?


Ukraine: We need help, we are broke. We have enormous debts.

US Hawk: We have noticed your situation, it is a tradgedy. Perhaps we can loan you the money? But we would need some collateral due to the... er... political risks.

US Hawk: Tell me Mr. Interim Prime Minister, what high value assets does Ukraine have that can be quickly and easily moved to a secure location?

Ukraine: That can be moved? We don't have any money, what about our... ermm... Our gold, you could take our gold!

US Hawk: Hmmmm, what assurances do we have? We will need to apply a small (large) haircut, due to... erm.... well we just will.

Ukraine: Please take our gold, we are begging you. It is good gold, very pure.

US Hawk: OK, we will reluctantly accept your gold as collateral on our generous terrms, but only as a favour to your new government. Now one moment whilst we CTRL-P your money.

Ukraine: Thanks you, you have saved us.

US Hawk: Yes we have, now goodbye and remember don't call us, we'll call you.

Tue, 03/11/2014 - 09:46 | 4534044 Evil Peanut
Evil Peanut's picture
FBI Helps Ukraine Recover Stolen Billions



so the story they are going to float for the missing gold is that the ousted leader stole it!



Tue, 03/11/2014 - 06:23 | 4533750 Squid-puppets a...
Squid-puppets a-go-go's picture

yer right there - singapore alone is clocking up 50 tonnes phyz per WEEK at the moment.

Tue, 03/11/2014 - 02:31 | 4533644 jaxville
jaxville's picture

  The best civil war to come will be the one in America. Decent citizens fight to overthrough the oppressive and foreign owned government that now lords over them. I wonder if Russia will involve themselves in that one?

Tue, 03/11/2014 - 05:06 | 4533719 Zwelgje
Zwelgje's picture

Sure, Russia will help. There are cost however: Alaska, Oregon and Washington State. Maybe northern Cali too, but only if you keep the fags.

Tue, 03/11/2014 - 08:33 | 4533877 Ifigenia
Ifigenia's picture

i will help too. Is dificult to live with a thermo-nuclear existencial crisis from 3 to 3 month and apparently the frequency is shortenning. Always with US move to pre-emptive defense* and Russia acts in self pre-emptive defense attaks. It is getting complicate to the live of small fish like me and how could i explain my preocupation to my children? Forgett about dreams, from now on only american nightmare.


* Since 2000, the tecnical concepts of humankind nuclear suicidal war has adopted new terms, highly scientific and complimentary with the propaganda warfare, thanks to the contribution of the 21th century greatest strategos "Georgius Walker Bush, Civitatum Foederatarum Americae praeses anno 2000 electus est." in wikipedia

Tue, 03/11/2014 - 00:23 | 4533530 jeff montanye
jeff montanye's picture

an interesting list can be sorted from the data here: http://en.wikipedia.org/wiki/Gold_reserve

try ascending by percent of reserves held in gold.  note the big names (and big implied amounts of foreign reserves) holding under five percent of reserves in gold: china, saudi, taiwan, algeria, singapore, colombia, indonesia, south korea, brazil, japan.

imagine the market action if and when (of course china is in fairly frenzied action now) these reserves of largely dollars are attempted to be converted.

Tue, 03/11/2014 - 02:29 | 4533647 mt paul
mt paul's picture

i did not have sex

with that 33 tonnes of gold ....

Mon, 03/10/2014 - 23:31 | 4533439 Urban Redneck
Urban Redneck's picture

BBC defends Romano Prodi and MI6 in the Litvenenko assasination


Spiegel attacks both Giorgio Napolitano and Paolo Berlusconi

They are ALL crooked, but the status quo must be maintained, and Silvio threatened that.

Mon, 03/10/2014 - 23:44 | 4533465 Volkodav
Volkodav's picture

The Phony Litvinenko Murder  Dunkerley

There is a blog also

I have not read the book, but might open media induced minds to think this was pushed too hard at VV Putin from the start....not the first time that happened....

Yes it was and is covered up from the island nation.

Tue, 03/11/2014 - 00:01 | 4533495 Urban Redneck
Urban Redneck's picture

Shorter than the book (which I haven't read myself)

Tue, 03/11/2014 - 14:27 | 4535090 victor82
victor82's picture

So, who is pushing this young kid on the hapless Italians, now that Silvio is down to owning Inter-Milan and a few whores?

Tue, 03/11/2014 - 05:11 | 4533720 Rip van Wrinkle
Rip van Wrinkle's picture

It's very normal in todays world.


Anyone who threatens the 'democratic' status quo will be assimiliated....or taken out in one form or another.

Mon, 03/10/2014 - 23:39 | 4533452 Urban Redneck
Mon, 03/10/2014 - 22:56 | 4533343 tmosley
tmosley's picture

9 tonnes of gold just appeared for COMEX settlement.  I'm sure that is just a coinkidink.

Tue, 03/11/2014 - 05:49 | 4533731 GetZeeGold
GetZeeGold's picture




Just wondering who are the two people that are junking every post.....and do they know anything about the banker murders of late.....umm, I mean suicides.


Please support nail gun free zones.....if we can save just one banker's life....it's worth it.

Tue, 03/11/2014 - 07:37 | 4533818 Urban Redneck
Urban Redneck's picture

I think's it's called "Beautiful Deleveraging"

Mon, 03/10/2014 - 23:14 | 4533392 Freddie
Freddie's picture

Putin should go over the scum bags heads and tell the Ukrainians though the scum own the media.  Something like - we are your neighbor and we never came to steal your gold.  The people who overthrew your govt stole your gold.  You need to go after them.  The oligarchs of the Ukraine.

Mon, 03/10/2014 - 23:01 | 4533357 DeadFred
DeadFred's picture

The Russians were a great help in this scheme even if unknowingly. Why would the Ukrainians keep the gold with Russian troops a few hours away? Sell it now stash the cash in the Caymans (or New York or London) then you're just a helicopter's flight away from a comfortable exile. I hope they got more for it than the 1 billion guarantee that just passed, that's closer to 2 billion (soon to be 3).

Tue, 03/11/2014 - 01:11 | 4533592 Againstthelie
Againstthelie's picture

The 40 tons are worth roughly 1.7 bn$. The former beauty Timoshenko accumulated as PM more than 40 (fourty) bn$ after the first NATO-coup.

So the price for the gold is peanuts. It's needed for something else.

Tue, 03/11/2014 - 00:46 | 4533547 theliberalliberal
theliberalliberal's picture

National Blessing.


you are a zero hedge click whore.


FUCK YOU and your shitty blog



Tue, 03/11/2014 - 02:03 | 4533628 holgerdanske
holgerdanske's picture

There are some thing that even gold can't buy.

There, fixed it for you!;-)

Tue, 03/11/2014 - 02:15 | 4533635 teslaberry
teslaberry's picture

it's remarkeable how often on zerohedge the most downvoted posts are  frequently  enough the most correct or inciteful. 


i feel like the zh comment boards are becoming reddit.

Mon, 03/10/2014 - 22:27 | 4533253 LMAOLORI
LMAOLORI's picture



King World is reporting it's going to New York 




Today an outspoken hedge fund manager out of Hong Kong stunned King World News when he said that the entire Ukrainian gold hoard may have just secretly been flown from Ukraine to the United States.  William Kaye, who 25 years ago worked for Goldman Sachs in mergers and acquisitions, also spoke about the incredible 

Kaye:  “There are now reports coming from Ukraine that all of the Ukrainian gold has been airlifted, at 2 AM Ukrainian time, out of the main airport, Boryspil Airport, in Kiev, and is being flown to New York -- the presumable destination being the New York Fed....

Mon, 03/10/2014 - 22:35 | 4533286 sleigher
sleigher's picture

If there any truth there then shit is gettin real.  What the hell is that loser in the WH gonna do exactly?  I mean how do fags react when men enter the room?

Mon, 03/10/2014 - 22:41 | 4533303 Independent
Independent's picture

Its a long flight to get there and Israel has six submarines along the way to catch the drop offs in the Atlantic.  Lets just say a lot less gold will get to the USA.

Tue, 03/11/2014 - 06:29 | 4533755 Squid-puppets a...
Squid-puppets a-go-go's picture

i aint saying isreal wont be getting a cut, but looking at the sea of enemies around jerusalem im not sure they'd be stacking on home turf - itll end up at the fed. They have plans for its x112+ rehypothecation

Tue, 03/11/2014 - 08:31 | 4533893 Ifigenia
Ifigenia's picture

or do you think the ex-president of chosen country`s central bank went to US to work for those scums 99.

Mon, 03/10/2014 - 22:40 | 4533298 fleur de lis
fleur de lis's picture

They must have had that planned all along. Now that the Fed might have another pile of gold that doesn't belong to them, does that mean the Ukrainian rioters get the protest money cut off? Or is there something else in Ukraine worth ripping off that requires the continuation of destruction? If the Fed really does have Ukraine's gold they'll never see it again. 

Tue, 03/11/2014 - 08:52 | 4533944 ATM
ATM's picture

I was istening to CNBC on Sirius last week and Alan Greenspan was being interviewed. I have not heard anyone or seen anywhere the comment that just floored me. He was asked about the dollar being the "safe haven" and he didn't spout off all the bullshit about the reason being the belief in the US economy or belief in the US system of capitalism. What he said was the dollar is "the safe haven because the US has the most gold."

We hope. 

Mon, 03/10/2014 - 22:41 | 4533301 tony wilson
tony wilson's picture

on the list above it states they had 40 tons.

i here 16 tons was taken.

thieves stealing from thieves

Mon, 03/10/2014 - 23:42 | 4533462 Freddie
Tue, 03/11/2014 - 06:26 | 4533752 Husk-Erzulie
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