Ukraine Admits Its Gold Is Gone: "There Is Almost No Gold Left In The Central Bank Vault"

Tyler Durden's picture

Back in March, at a time when the IMF reported that Ukraine's official gold holdings as of the end of February, so just as the State Department-facilitated coup against former president Victor Yanukovich was concluding, amounted to 42.3 tonnes or 8% of reserves...

... and notably under the previous "hated" president, Ukraine gold's reserves had constantly increased hitting a record high just before the presidential coup...

 

... we reported of a strange incident that took place just after the Ukraine presidential coup, namely that according to at least one source, "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." To wit:

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.

Needless to say there was no official confirmation of any of this taking place, and in fact our report, in which we mused if the "price of Ukraine's liberation" was the handover of its gold to the Fed at a time when Germany was actively seeking to repatriate its own physical gold located at the bedrock of the NY Fed, led to the usual mainstream media mockery.

Until now.

In an interview on Ukraine TV, none other than the head of the Ukraine Central Bank made the stunning admission that "in the vaults of the central bank there is almost no gold left. There is a small amount of gold bullion left, but it's just 1% of reserves."

As Ukraina further reports, this stunning revelation means that not only has Ukraine been quietly depleting its gold throughout the year, but that the latest official number, according to which Ukraine gold was 8 times greater than the reported 1%, was fabricated, and that the real number is about 90% lower.

According to official statistics the NBU, the amount of gold in the vaults should be eight times more than is actually in stock. At the beginning of this month, the volume of gold was about $ 1 billion, or 8% of the total gold reserves. Now this is just one percent.

Of course, considering the official reserve data at the Central Bank has been clearly fabricated, one wonders just how long ago the actual gold "dmsplacement" took place.

We get some additional information from Rusila:

According to recent data, the value of Ukraine gold should be $988.7 million. That is the value of gold proportion of gold in gold reserves is 8%. If you believe Gontareva, it turns out there is a mere $123.6 million in gold remaining.

 

The figure is fantastic, considering that the amount of gold at the end of February (when the new authorities have already taken key positions) was $1.8 billion or 12% of the reserves.

 

In other words, since the beginning of the year gold reserves dropped almost 16 times. Gold stock in February were approximately 21 tons of gold, the presence of which was once proudly reported by Sergei Arbuzov, who led the NBU in 2010-2012. So what happened to 20.8 tons of gold?

 

Explaining the dramatic reduction in the context of the hryvnia devaluation through gold sales is impossible. After all, 92% of the reserves of the National Bank is in the form of a foreign currency that is much easier to use to maintain hryvnia levels and cover current liabilities. Besides since March the international price of gold has plummeted. Selling ??gold under such circumstances is a crime. In fact it would be more expedient to increase gold reserves through currency conversion in precious metals.

 

But apparently the result is not due to someone's negligence or carelessness. The gold reserve has been actively carted out of the country, as a result of the very vague economic and political prospects of Ukraine. Something similar happened to the gold reserves of the USSR - when the Gorbachev elite realized that perestroika is leading the country to the abyss, gold simply disappeared in an unknown direction.

The article's conclusion:

As history shows, the reduction of the gold reserves in the context of an acute political crisis is usually preceded by the collapse of the state.

Oddly enough there was no official gold reduction just prior to the time when Victoria "Fuck the EU" Nuland was planning Yanukovich's ouster, and as shown above, quite the contrary. It is a little more odd that it was during the period when Ukraine was "supported" by its western allies that several billion dollars worth of physical gold - the people's gold - just "vaporized."

In any event, now that the disappearance of Ukraine's gold has been confirmed, perhaps it is time to refresh the "unconfirmed" story that a little after the current Ukraine regime took power the bulk of Ukraine's gold was taken to the United States.

As of this writing, The NY Fed has still not answered our March request for a comment whether Ukraine's gold has been redomiciled at the gold vault located some 80 feet below Liberty 33.

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Mark Carney's picture

Thats OK! Neither does Canada.

 

I asked Bernak, he said its just tradition.  You'll be fine.

pods's picture

*poof*

Seriously, for a barbarous relic it seems to get a lot of attention from sovereigns.

Gold for the rulers, paper for the serfs.

pods

Bangalore Equity Trader's picture

Listen.

"Gold for the rulers, paper for the serfs."

Nice one PODS. Indians rule.

SoberOne's picture

1% is tungsten 

1% Is gold, bankers had some heart

Divided States of America's picture

wait till Germany finally admits this also

basically this message was a code signal given to the West leaders that Ukraine is fucked and needs assistance fast...real fast.

lordylord's picture

This chart is BS.  It says US has 8000 tons and China has 1,000 tons.

ParkAveFlasher's picture

Gold gone missing?  Sounds a job for Gold Shirt Man!  Duhn duhn DUUUUUHN

BaBaBouy's picture

"""There Is Almost No Gold Left In The Central Bank Vault"""

So... How Much Better Shape Is The USA CB Fed ???
Im Sure They Will WELCOME An Indepenent Audit Anytime .?.

Four chan's picture

lol what is the gold to dollar ratio? in relation to that we have no gold either.

Patriot Eke's picture

The gold was the real reason for the coup.

jaap's picture

moehahahahaha.... (evil goldmanite laugh)

Silky Johnson's picture

Well now we know what they've been using to back the recent hit jobs against Au. I hope the motherfuckers choke on Russian and Chinese dick before this is all over.

outamyeffinway's picture

Can't let Putin have it. Besides, the CIA needs it for the extension of credit.

COSMOS's picture

Russia is Target NUMERO UNO.  With its thousands of gold bullion and not to mention gold in them Siberian hinterlands, the USSA and Tel Aviv are salivating like Rabid dogs.

But serioulsy the work Ukranian will go down in history as the equivalent of DUMBASS.  Thank god the people of Donbass Region were not Dumbasses like the western Ukes

Latina Lover's picture

RE: theft of Ukie Gold.

We are doing this to protect the children.

Signed:

Goldman Sachs.

 

847328_3527's picture

The Ukrainian gold now sits quietly hiding with Saddam’s gold, Ghadaffi’s gold and the gold form missing flight MH370 probably.

Divided States of America's picture

China should take note of this....if the West succeeds in breaking Putin and Russia and then taking the Russian gold and oil reserves, China will be the next target of the ZATO....

Lore's picture

Those are the great weakneses of clinical psychopaths with an elitist God Complex: lack of self-restraint, and lack of honor. You do not negotiate or make deals with psychopaths.  Pursuing their reptilian plan for world domination, they will not hesitate to lie, manipulate and backstab EVERYone. (And then things go sour, they don't hesitate to turn on each other.)

espirit's picture

Nato gone in 3...2...1...

RaceToTheBottom's picture

Why such a fuss for a Barbarous relic?

 

surfer433's picture

Why buy the barbarous relic when you can steal it.

 

chinoslims's picture

It's a barbarous relic because Sovereigns use barbarous means for stealing it.  Ask the Incas, Africans, Saddam Hussein, Kaddafi, etc.

nope-1004's picture

If the US keeps invading other countries and stealing their gold, how can there ever be a gold standard?  How can other nations be a part of a "Standard" that, by virtue of owning zero of it, immediately disqualifies them?

Interesting US foreign policy going on here.

 

Doña K's picture

It looks like a patern. No?

Sadam's gold, Quadafi's gold, Ukraine, Syria's next? Greece may have to pay their new secured debt with their 112 tonnes? Venezuela puts up gold colateral with GS and on and on.

And what about Yamashita's gold?

How about the gold removed from building 7 before collapse?

Barbarous relic and tradition?

Gold reign is coming back.

Viva d'oro 

I am holding on to my two coins!

Sorry_about_Dresden's picture

And what about Yamashita's gold?

 

Ferdinand Marcos found Yamashita's stash in the Philippines and Imelda converted the gold to shoes.


Kobe Beef's picture

Rumor on the web is something called 'Black Eagle'

look it up, see what you think.

RaceToTheBottom's picture

Wonder what 40 boxes weigh?  How many guys were carrying each box?  Seems like some calculations could be done from here...

Supernova Born's picture

How much gold could have left that night?

Name the plane and cross reference maximum load.

The Antonov An-124 Ruslan (NATO name: Condor) is a strategic airlift jet aircraft that Ukraine possesses.

Maximum load: 150,000 kg (or over 3 times as much as the total Ukrainian gold reserves reported by the WGC).

Lawn.Dart's picture

"Some calculations can be done from here"

 

Engineer on it....

 

42 (US) tons stolen, in 40 boxes is 1.05 tons per box or 2,100 lbs per box.

about 20 men per box is needed.  

I would get a forklift at that point.

since 1 ton of gold takes up 4cuft space or a 1.5ft x 1.5ft x 1.5ft box, it would be pretty hard to fit 20 Ukrainians around the perimeter of this box.  Unless the boxes were WAY to big for the load- which is highly not typical for a plane since space is of the essence.

 

JamesBond's picture

the numbers in the equation change on such factors as, which men when carring?

 

 

Arnold Schwarzenegger or 

Barrack Obama

Syrin's picture

Remember, WE'RE the good guys.   See, what happened is we needed some gold, so we went in and took it.   Now do you understand?

economics9698's picture

The “Peoples Revolution” financed by the western bankers just fucked the Ukrainian people hard.  Dumb assess should have never trusted the tribe.  

COSMOS's picture

The other 99% of the Gold is in Tel Aviv the J-mafia wouldnt trust the Swiss with their stolen gold.

Citxmech's picture

I love how we can get Ukraine's gold TO the US no problem - but we can't get Germany's gold OUT of the US because it's so "complicated."  

If they're all in LBMA good delivery form, why not just ship Ukraine's gold to Germany and just make an adjustment to the leger?

I swear, anybody who actually believes any of these gold reserve numbers is a fucking idiot.

knukles's picture

If you're a country with both oil and gold, you're fucked.
Like Libya, etc.
If you're a country with Just Gold, you're fucked but MAYBE (but not exclusively) not so much
Like Ukraine (fucked) or Mali (not so much)
If you're a country with just oil, you're due for a regime change

And Henry Kissinger is calling for a new world order.

Betcha that the problem is that the Annanuki are coming back for the rest of the gold and if it ain't there, then tPTB are fucked.

That or it's more than just a tradition.

It's all fucked.  The 4th quarter, PTB policies, elections, leadership, institutions, GMO, Geo-engineering, "security", privacy, whatever.... just fucked.

topshelfstuff's picture

Libya was a haul of 143.8 Tonnes of Gold, all the OIL, and much more like the largest non-GMO sed bank in the world

the usual formula with the MSMedia first demonizing the target resulting in destabilized region

COSMOS's picture

Hey Tops I know there is the seed bank in Norway but I never heard about one in Libya???

topshelfstuff's picture

i know its too late to post this now, but for the record i should leave 2 links. of course there is so much that ner makes the Contolled MSMedia here and what we do hear, most of us know is BS

 

https://www.youtube.com/watch?v=TkTUDw0mjMA#t=25

Gaddafi The Truth About Libya- Documentary

 

https://www.youtube.com/watch?v=COdKmHkPoOo
 

Libya and Gaddafi - TRUTH NOW!

GoinFawr's picture

Hunh, I thought it was all about  'being' a nation without Debt, because slaves are fucked regardless of what they think they have squirrelled away; technically they 'have' nothing.

Sure are a lot of 'em.

IronForge's picture

With all the Gold to be taken from the rest of the World, Team_USA can probably replace/supercede/"top off for the 0.1%" the Greenbacks with "Goldbacks" - their "modern" version of a Gold Backed Currency - all held INCONUS.

One example - Goldbacked PetrolDollar.  Oil sold in Goldbacks or Greenbacks.  Notice that we don't have Oil traded Euros Yet - so EU/NATO, and all its Trading Vassals - er - Partners will be forced to rely on the Goldbacks Standard...

Another - Goldbacked Dollars being the basis behind IMF'/World Bank's SDRs.  

Why else would USA keep all of Europe's Gold? 

Just thinking...

Stone Shot's picture

Of course this chart is BS, it was complied by the World Gold Council.  They're in the business of perception management, nothing more.

PT's picture

Let that be a lesson to yer - always store your gold in a form that is difficult to steal.  Errrr, I'm still trying to figure out what that form would be.  Evenly distributed amongst your countrymen?  Melted into a fine spray and sprayed across the whole country?  Booby-trapped to explode?  Keep tungsten bars in the vault and hide the gold somewhere else?

At the bottom of a lake?  (Yeah, I know.  Too obvious, but I had to chuck it in there for completeness, tradition).

Phuket.  Let's all just kill ourselves and then the thieves will have to do their own work for a change.

COSMOS's picture

Best way to store gold is to leave it in the mountains instead of mining it.

ImReady's picture

One 40 ton block oughta do it.