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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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Tue, 11/18/2014 - 16:49 | 5462337 agstacks
agstacks's picture

Yes, has anyone seen Jackie Brown?

 

"Why would she leave 50 grand on top?"

"Oh, I'll be sure to ask that bitch before I kill her"

Tue, 11/18/2014 - 13:26 | 5461640 Osmium
Osmium's picture

Damn, we need a bigger plane!

Tue, 11/18/2014 - 12:54 | 5461493 miker
miker's picture

Anyone surprised?  The US didn't want it falling into Russian hands.  But it does implicate further the US involvement/meddling in this whole thing.  Putin has a right to be pissed.

Tue, 11/18/2014 - 12:56 | 5461501 blabam
blabam's picture

Confucius says: thank you.

Tue, 11/18/2014 - 12:56 | 5461502 daedon
daedon's picture

I don't understand the numbers in the World Official Gold Holdings table, can anyone help me ? The 8000 tons for the US, is that what is "written" on the gold certificates or is that the actual weight if the gold certificates themselves ?

Tue, 11/18/2014 - 12:59 | 5461512 kowalli
kowalli's picture

8000 it is claim of usa of amount of physical owned gold

Tue, 11/18/2014 - 12:56 | 5461503 Gamma735
Gamma735's picture

Theives.  I can not abide theives.

Tue, 11/18/2014 - 15:31 | 5462083 Tinky
Tinky's picture

I feel equally strong about thieves.

Tue, 11/18/2014 - 16:27 | 5462263 rejected
rejected's picture

Do you pay taxes?

 

Tue, 11/18/2014 - 12:57 | 5461505 astoriajoe
astoriajoe's picture

I'm sure there's an I.O.U. or something on one of the shelves. Did you get the stepladder out and check the very tippy top shelves?

Tue, 11/18/2014 - 13:00 | 5461521 SmallerGovNow2
SmallerGovNow2's picture

LMAO Joe, good one.  Wonder if the same thing happened with the Libian gold?

Tue, 11/18/2014 - 21:28 | 5463261 surfer433
surfer433's picture

Don't the German's have an IOU also.

 

Tue, 11/18/2014 - 12:57 | 5461506 Fix It Again Timmy
Fix It Again Timmy's picture

If gold is not stored under a carefully controlled atmosphere, it has a tendency to evaporate....

Tue, 11/18/2014 - 12:58 | 5461507 Spungo
Spungo's picture

Next article: Russia stole the gold. We need to invade Russia to get the gold back, but the gold's not worth anything so don't buy gold.

Tue, 11/18/2014 - 14:24 | 5461883 SimplePrinciple
SimplePrinciple's picture

Almost.  Here is the real next article.  It explains that Central Banks are now buying gold and that the gold price will henceforth be going down. http://finance.yahoo.com/news/central-banks-gold-bugs-120320972.html

Tue, 11/18/2014 - 12:58 | 5461508 LawsofPhysics
LawsofPhysics's picture

Want to know who the real criminals are?  Always, always follow the money...

I wonder who authorized this sale?

Same as it ever was...

Tue, 11/18/2014 - 13:01 | 5461520 astoriajoe
astoriajoe's picture

I think it was the guys with the AR-15s, loading it onto the cargo plane early on after the crimea referendum.

Tue, 11/18/2014 - 16:08 | 5462197 Kirk2NCC1701
Kirk2NCC1701's picture

TEXT: 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."

Note to Criminal Investigation Division (CID): Start the forensic trail with the Airport Administration.  Make sure you put everyone "of interest" under Lie Detector Tests -- regardless of name, rank or status.  Suggest you use dual devices in adjacent Interrogation Rooms, for cross-examinations of Suspects.  The added degree of Interrogation Freedom adds so much psychological pressure to Suspects, that even the most disciplined ones will crack eventually.

Tue, 11/18/2014 - 17:02 | 5462395 dracos_ghost
dracos_ghost's picture

Fucking leprechauns. Never did trust them.

Tue, 11/18/2014 - 13:00 | 5461514 bbq on whitehou...
bbq on whitehouse lawn's picture

Socialist love to steal, gold most of all.

Tue, 11/18/2014 - 13:49 | 5461742 Schaublin
Schaublin's picture

Not only that but while stealing gold, they swear on a stack of talmuds that it is only a shiny rock and of no use to cattle.

Tue, 11/18/2014 - 12:59 | 5461516 xavi1951
xavi1951's picture

No gold for Vlad.

Tue, 11/18/2014 - 12:59 | 5461518 tommyb34
tommyb34's picture

Ukraine's gold is in China already.

Tue, 11/18/2014 - 15:03 | 5462014 HardlyZero
HardlyZero's picture

China Fosun owns 1 Chase Manhattan Plaza across street from NY FED, and probably maintains the understreet tunnel.

Maybe.

 

Tue, 11/18/2014 - 13:00 | 5461519 Bay of Pigs
Bay of Pigs's picture

The William Dudley knows exactly where that gold is...

The NY FED is the epicenter of fraud, manipulation and corruption across the planet when it comes to gold.

Tue, 11/18/2014 - 13:00 | 5461522 juggalo1
juggalo1's picture

Your conspiracy theory doesn't make sense.  If the idea was to move Ukraine's gold to help satisfy German requirements for delivery, the easiest thing to do would be to move the physical from Ukraine to Germany and do a paper transfer on the "physical gold" in the US from Germany to Ukraine.  I wouldn't be surprised if the reduced logistics costs wouldn't almost cover the melting costs that supposedly were such a big objection for German repatriation.  Unless of course we just stole the gold and we are claiming we are storing it in our vaults, while actually we are double-counting or selling it on the black market.  That is a bigger conspiracy theory than you have alleged so far.

Tue, 11/18/2014 - 13:26 | 5461626 Bay of Pigs
Bay of Pigs's picture

What are you talking about? There was nothing in the article about Germany.

The gold is gone. That means conspiracy fact, not theory, no matter where the gold now sits.

Tue, 11/18/2014 - 15:41 | 5462113 Trucker Glock
Trucker Glock's picture

"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."

Check the tags for the post:  Germany  None  Precious Metals  Ukraine

Tue, 11/18/2014 - 21:32 | 5463273 surfer433
surfer433's picture

Why would we ever return anyone's gold?

 

 

Tue, 11/18/2014 - 13:00 | 5461523 therover
therover's picture

What is more relavant.... what a central bank pretends to have in their 'reserves' or what a countries population (ie, people with physical gold in their possession)  ACTUALLY has ?

Tue, 11/18/2014 - 13:03 | 5461539 Meat Hammer
Meat Hammer's picture

What the fuck does it take to start a revolution these days, for fuck's sake!?!?!?  Maybe humans were just more revolutionish 200 years ago.

Tue, 11/18/2014 - 13:07 | 5461556 astoriajoe
astoriajoe's picture

cable outage might do it.

Tue, 11/18/2014 - 13:36 | 5461690 Boxed Merlot
Boxed Merlot's picture

cable outage...

 

 

Had to laugh about the trailerpark, I mean mobile home park manager that made cable access part of the monthly rental fee.  Voila, no more late payments.  People could do without electricity, (extension cords), water and garbage pick up, but to cut off cable, them's fightin words.

Tue, 11/18/2014 - 15:51 | 5462125 astoriajoe
astoriajoe's picture

Without something pretty to look at, people are forced to look at themselves and their surroundings, which can be a difficult thing, for both rich and poor, and they will fight to avoid it.

Tue, 11/18/2014 - 13:24 | 5461621 therover
therover's picture

In the US ? No football.

Tue, 11/18/2014 - 13:28 | 5461648 CharlieMike
CharlieMike's picture

Three steps to revolution:

1 - Abolish the NFL

2 - Abolish NASCAR

3 - End automatic witholding of tax (Make the sheep write a check to Uncle Sugar)

Tue, 11/18/2014 - 14:06 | 5461822 sun tzu
sun tzu's picture

Cut off the ebt

Tue, 11/18/2014 - 14:15 | 5461854 tired1
tired1's picture

What does it take?

It takes oligarcs with enough desire to set it in motion., nothing happens by the pipple. American, French, Russian, Chinese , take your pick, it doesn't matter. It takes bucks and connection to buy the weapons and propogandise the pipple.

It's all the same as the laughing dance on the heads of the drowning as we merrily slide down the razorblade of life.

Tue, 11/18/2014 - 15:57 | 5462165 Trucker Glock
Trucker Glock's picture

"What the fuck does it take to start a revolution these days, for fuck's sake!?!?!?"

Ask Victoria Nuland.

Tue, 11/18/2014 - 22:59 | 5463601 conscious being
conscious being's picture

Right $5B and a pack of amoral snipers.

Tue, 11/18/2014 - 16:18 | 5462227 Kirk2NCC1701
Kirk2NCC1701's picture

Meat Hammer: "What the fuck does it take to start a revolution these days, for fuck's sake!?!?!?"

A:  Given that Revolutions only start when an abused People are out of Food and out of Hope, we won't see one anywhere in the West.  Not as long as CBs get to create 'Bread' (fiat out of thin air) and give it to the would-be-Revolutionairies in the form of Credit Cards (SNAP, EBT), AND as long as they can be distracted with Circus (TV, iToys, Computer games).

IOW... NOTHING will change unless the House of Monetary Cards collapses.

Tue, 11/18/2014 - 23:03 | 5463622 conscious being
conscious being's picture

Read any commentary on life in the 18th century and you will see people died a lot and often from disease, brutality and diet. Risking it all didn't mean the same thing it does today.

Tue, 11/18/2014 - 13:03 | 5461541 Seasmoke
Seasmoke's picture

RESET. $50,000USD oz. 

Tue, 11/18/2014 - 16:23 | 5462242 Kirk2NCC1701
Kirk2NCC1701's picture

Sounds cool for Gold Bugs, but please provide you rationalle. 

W/o a sound rationalle, you're just pointing to the Golden Kool-Aid Fountain.  And we've had quite enough of BS, Snakeoil and Kool-Aid on ZH.  :-)

Tue, 11/18/2014 - 13:03 | 5461543 Viglud Nov Simse
Viglud Nov Simse's picture

So how does this work? I am not sure what conclusions to draw from this.

Tue, 11/18/2014 - 13:04 | 5461544 jomama
jomama's picture

I have a difficult time believing China only has a shade over 1000 tons.

Tue, 11/18/2014 - 13:07 | 5461558 Duc888
Duc888's picture

 

 

Jomama, me too.  There's 4000+ years of generational gold floating aroud over there, as well as India.

Tue, 11/18/2014 - 13:31 | 5461659 Paveway IV
Paveway IV's picture

China's gold holdings would have to be reported by the Communist Party of China bureaucrats. 

Expecting a candid answer to "How much gold do you really have?" is about as assinine as asking "Where are each of your nuclear missiles stored?"

Tue, 11/18/2014 - 16:19 | 5462228 rejected
rejected's picture

Kind of like the amerikan bureaucrats then huh?

Tue, 11/18/2014 - 20:32 | 5463118 Paveway IV
Paveway IV's picture

Exactly.

Except American bureaucrats are usually far fatter, talk louder and regularly fellate Israeli lobbyists.

Other than that, no real difference.

Tue, 11/18/2014 - 13:09 | 5461567 astoriajoe
astoriajoe's picture

no porridge for you.

Tue, 11/18/2014 - 15:54 | 5462160 Volkodav
Volkodav's picture

You think either Chine or RF would admit 20K each in real?

all some distances east of Urals...

 

 

Tue, 11/18/2014 - 13:04 | 5461545 SpanishGoop
SpanishGoop's picture

But they will surely get freshly printed dollars and/or euros for it won't they ?

Only a problem if Putin says "gold for energy".

 

Tue, 11/18/2014 - 13:05 | 5461549 Bell's 2 hearted
Bell's 2 hearted's picture

hhmm, sort of like when baghdad fell ... the NYFRB sent $8 billion in cash stacked on pallets ... and it, uh, just sort of disappeared (and no one seemed too concerned)

 

stuff happens

Tue, 11/18/2014 - 16:16 | 5462216 rejected
rejected's picture

Bribe money to pay the terrorists/rebels/jihadist or whatever to stop picking on them. 

Tue, 11/18/2014 - 13:04 | 5461550 Notsobadwlad
Notsobadwlad's picture

There seems to be more and more evidence that there is a deep connection between the actions of the CIA and the privately owned central banks.

Tue, 11/18/2014 - 13:06 | 5461552 Panic Mode
Panic Mode's picture

You want to be friend with the west, that's what you get. Worst to come yet, more than stab at the back.

Tue, 11/18/2014 - 13:09 | 5461564 Meat Hammer
Meat Hammer's picture

Calm down, everyone.  The Ukraine goverment sent $49 to Simon Black for his exclusive gold-storage report and took his advice.  It's on the way to Singapore.

Chill.

/sarc...for those special ZH readers.

Tue, 11/18/2014 - 13:44 | 5461639 JenkinsLane
JenkinsLane's picture

What, you mean it isn't a good idea to take banking advice or gold storage advice from some guy who posts articles on the internet

not under his real name and who, according to him, has a military background rather than a financial markets, economics or banking background?

Or, put another way, who doesn't have a fucking clue how to read a bank's balance sheet or any other entity for that matter, assuming the numbers

were even correct.

Fuck!

Tue, 11/18/2014 - 23:07 | 5463648 Real Estate Geek
Real Estate Geek's picture

Good points all, but do bank balance sheets even matter anymore given FASB's 'mark-to-pro forma' rules?

Wed, 11/19/2014 - 10:16 | 5464954 JenkinsLane
JenkinsLane's picture

They don't, that's why I said "assuming the numbers are even correct."

Tue, 11/18/2014 - 13:09 | 5461568 GoatHerder
GoatHerder's picture

After reading the Goldman ABS post this really takes the cake. I guess the only pitch forks I am going to see will come out in Ferguson. Sometimes its really hard for me to feel sorry for the sheep.

Tue, 11/18/2014 - 13:14 | 5461578 GoatHerder
GoatHerder's picture

I have a theory of why beef prices are so high. Mabey the oligarchs are buying up the beef supply to make a giant meat statue dedicated to satan. I guess the prolls can just eat oreos because that is all I can afford. 

Tue, 11/18/2014 - 13:34 | 5461679 Paveway IV
Paveway IV's picture

It's not meant to just be a statue. They perform some kind of weird satanic ritual on it and it comes to life as giant Henry Kissinger.

Not sure what the plan is after that.

Tue, 11/18/2014 - 14:14 | 5461848 Temporalist
Temporalist's picture

Oreos are fucking expensive.

Tue, 11/18/2014 - 13:16 | 5461591 NoWayJose
NoWayJose's picture

Most likely the gold stuff was used to pay for the services of the black clad mystery guys that overturned the elected government.

Tue, 11/18/2014 - 13:18 | 5461600 tawdzilla
tawdzilla's picture

Boating accident?

Tue, 11/18/2014 - 13:21 | 5461606 JenkinsLane
JenkinsLane's picture

What, like Lord Mountbatten's one?

Tue, 11/18/2014 - 13:21 | 5461604 JenkinsLane
JenkinsLane's picture

Does anyone know what Corzine's travel schedule was around this time?

Tue, 11/18/2014 - 13:20 | 5461605 basho
basho's picture

amazing what f*cking boobs these Ukies are.

and they still believe in the good ole' ussa.

carry on, fools.

Tue, 11/18/2014 - 13:24 | 5461623 JenkinsLane
JenkinsLane's picture

It's the elite that rules them which is the problem, not the Ukrainian people themselves.

If there had been a national referendum undertaken in Ukraine asking the people whether they

would like their gold to be Corzined do you think they would have voted in the affirmative?

That is why referendum are verboten throughout the world's "liberal democracies" (bar Switzerland) - 

because they could prevent political elites doing whatever the fuck they like.

 

Tue, 11/18/2014 - 23:12 | 5463675 conscious being
conscious being's picture

Yeah, but they do line up to fight and wind up getting slaughtered on behalf of the IMF. That takes a special kind of stupid. I don't even think most Americans are that stupid. Hense the problems getting Americans to fight Syrians.

Tue, 11/18/2014 - 13:22 | 5461607 GVB
GVB's picture

Pleased to announce that I managed to get a very fine young man from Ukraine to buy Gold. Can you imagine that person didn't understand what Gold was? I was shocked. His first response was: 'First thing I do when I get home in November, is to buy Gold. I'll never tell my wife about this'. OK, I thought that was weird, but in these trying times, indeed, you never know who you can tell.. He also said: 'we got sold out' by our own people. First 30 minutes I talked with him, he appeared to be vivid. When I asked him about his family in Ukraine, he, really, got pale, and facial expression changed. Almost tears in the eyes. These banker guys don't have a clue (..) what they're doing. But once you screw people's thoughts, better be aware that you shift heavy to light and black to white. I'm buyng metals at any prices now. Screw the bankers. I'm dedicating my entire financial reserve to just that mission. Fuck 'em.

Tue, 11/18/2014 - 13:21 | 5461610 alexcojones
alexcojones's picture

Liberty 33?

More likely Illuminati 33.

Tue, 11/18/2014 - 13:24 | 5461624 Gadfly
Gadfly's picture

This ones easy. The gold was the price Poroshenko paid the U.S. for its "support."  What a fool... and a sucker.

Tue, 11/18/2014 - 13:24 | 5461627 alexcojones
alexcojones's picture

The Ukes got played like a poor ukulele.

Abused and then smashed.

Fuke Nuland, Kagan and the Tribe.

And fuck you too Obama.

Tue, 11/18/2014 - 13:25 | 5461633 bankonzhongguo
bankonzhongguo's picture

Hopefully this will not be lost on the Swiss and their upcoming election.

Funny how something not deemed to be "money" is the first item of (intrinsic) value that is evacuated from a conflict region that also does not seem to have a paper trail.

 

Tue, 11/18/2014 - 13:26 | 5461635 phoolish
phoolish's picture

99% Paper Gold Reserves.  LOL.

 

 

Tue, 11/18/2014 - 13:27 | 5461645 alexcojones
alexcojones's picture

Hope Porky ends up like Mussolini.

Tue, 11/18/2014 - 13:27 | 5461646 anachronism
anachronism's picture

This storyline is consistent with practices during the coldest parts of the Cold War. Vast amounts of gold reserves of the nations in the Europeans Common Market were transferred "for safekeeping" into the Vaults of the United States and -to a much lesser extent- the United Kingdom.

This was done as a precaution, should World War III occur. If it did, the fear was that the USSR would conquer much of Western Europe before the USA could launch a successful counterattack. The USSR could seize much the gold and take it deep into its territory, never to be seen again. If the United States resorted to nuclear weapons to stop the USSR assault -and this was fundamental to the US Strategy of stopping the Soviets before they reached the Rhine River- then the gold reserves may would have been inaccessible for decades to come due to intense radiation, created by the mutual exchange of tactical nuclear weapons.

The leaders of Ukraine probably were infused with a palpable fear that Russia would advance Ukraine at least as far as Kiev and along the Black Sea, in the aftermath of Crimea. The IMF and US State Dept. had no trouble convincing the leaders that they needed to get the gold out of the reach of the Russians.

So the secretive removal of the gold in the dark of night should not be viewed as nefarious and sinister in itself. It was the coup d'etat itself that sabotaged the country, whose leaders had plenty of evil intentions toward Russia and Russian Ukraine at their core.

Tue, 11/18/2014 - 16:01 | 5462180 rejected
rejected's picture

Judging from what I have seen from the Uke's thus far, that scenario would probably work. They're not the brightest stars in the sky... but slightly ahead of the Germans who know damn well their gold was stolen yet weasle around it.

Tue, 11/18/2014 - 17:48 | 5462604 lotsoffun
lotsoffun's picture

why is it everybody keeps making the russians worse than the united states?  which line do we buy into?  that is the question.

us good, saves you and your gold, russia bad, hurts you and steals everything.   is it that simple?

learn to love coke, mcdonalds and walmart.  they will save you!  /sarcasm

russia has nothing to offer like it.  see?

 

Tue, 11/18/2014 - 13:28 | 5461650 NuYawkFrankie
NuYawkFrankie's picture

re Ukraine Admits Its Gold Is Gone...

Meanwhile, back in Gotham City -  in the basement of Gollum Sacks.....

Tue, 11/18/2014 - 13:29 | 5461652 ghostzapper
ghostzapper's picture

Ya like I believe those numbers from the World Gold Council.  About as much as I believe Pisani isn't paid to be a cheerleader. 

Like others I don't doubt why phyzz has a role and value I still question where is all the gold, how much exists, and who owns it?

Tue, 11/18/2014 - 23:36 | 5462023 Cacete de Ouro
Cacete de Ouro's picture

.

Tue, 11/18/2014 - 13:28 | 5461653 YHC-FTSE
YHC-FTSE's picture

"We robbed some folks"

Well, technically it wasn't Daylight Robbery since it happened in the dead of night, but what a den of fucking thieves (the US State Dept/Fed/Squid triumvirate) they are. What do we have international laws for? Where's the ICC in all this while a coup d'etat followed by blatant sacking of Ukraine's national wealth goes on? The whole world has been gagging on America's "exceptionalism" for decades and this has to be the last straw.

Another thing that's of interest, what happens when all those countries with <30% reserves within their borders (That seems to be most of them) start asking for their gold? There are going to be some seriously pissed off nations pretty soon, if they aren't already. All anyone has to do is emphasise that paper holdings may be worthless to start the ball rolling - The Germans and the Swiss are way ahead.

Tue, 11/18/2014 - 13:35 | 5461678 vyeung
vyeung's picture

sorry, it was at 33, but now pushed across the tunnel to the Chinese owned JPM HQ (Ex that is).

Tue, 11/18/2014 - 13:35 | 5461684 f16hoser
f16hoser's picture

Damn right it's gone! You dumb Twit! We took it!!!

Tue, 11/18/2014 - 13:38 | 5461687 Son of Captain Nemo
Son of Captain Nemo's picture

It's under Pappa Joe's and "Ensign" Hunter Biden's bed(s)!

Tue, 11/18/2014 - 13:42 | 5461712 talisman
talisman's picture

I think that a physical audit and assay of US bullion holdings, supervised by international team of auditors-including representatives from China and Russia-needs to be conducted, and an audited accounting made of all discrepancies.

Tue, 11/18/2014 - 13:58 | 5461715 GoinFawr
GoinFawr's picture

Still, 1%, that's more physical gold than 99% of the top 1% hold isn't it? Or is it 99% more gold than 99% of the bottom 99% have, since 99.9% of their assets are 100% controlled by the top 1% 99% of the time?

It's all so convoluted... somebody get blythe masters in here to design a 'derivative' based on it we can sell to some muppets we've placed in control of some Massively Mandatory Obviously Replete Pension Group.

Tue, 11/18/2014 - 13:44 | 5461720 wstrub
wstrub's picture

All gold bars should have GPS Tracking system imbedded.

Tue, 11/18/2014 - 14:00 | 5461792 The_Prisoner
The_Prisoner's picture

Means of tracking mean shit. What matters is who does the tracking.

You put the foxes in charge of the henhouse, and get angry when your children starve?

Solution: time to eat the Foxes.

Tue, 11/18/2014 - 17:00 | 5462381 GoinFawr
Tue, 11/18/2014 - 13:43 | 5461721 wstrub
wstrub's picture

All gold bars should have GPS Tracking system imbedded.

Tue, 11/18/2014 - 14:21 | 5461869 Hamm Jamm
Hamm Jamm's picture

they all have a tungsten core tracking system ...   Lol  its heavy and does take up alot of weight ...wink wink

Tue, 11/18/2014 - 13:44 | 5461722 Seize Mars
Seize Mars's picture

L'chaim

Tue, 11/18/2014 - 13:44 | 5461725 Joebloinvestor
Joebloinvestor's picture

Watch the Swiss nitwits use this as why they shouldn't pass the referendum.

Tue, 11/18/2014 - 16:29 | 5462272 Goldy Locks
Goldy Locks's picture

You have it the wrong way, dear.

This is precisely the type of news that would encourage the prople to accept the referendum ...provided the public hear of it, which is less than certain given the local propaganda.

Tue, 11/18/2014 - 13:47 | 5461740 Jack Burton
Jack Burton's picture

The American led "New World Order" always comes for their gold first. Do you wonder why? "He who owns the gold makes the rules!"

Ukraine is near total economic and fiscal melt down. The USA is providing the billions needed to attack East Ukraine. So money for the war is no problem. It is the civilian economy that is in melt down. Face it, no matter how many Nazi Groups roam the streets doing their evil deeds, they add nothing to economic output. Ukraine needs 17 billion yesterday. That will just pay todays obligations, by Spring another 50 Billion will be needed. Tax revenues tanked when the industrial and productive East spli from Kiev. The honey hole is now gone, the rest of Ukraine depended on taxing Donbass to fund the national budgets.

Tue, 11/18/2014 - 15:56 | 5462161 rejected
rejected's picture

Wonder where they're hiding it? I'll lay all my Dow Stock that it's not Fort Knox.

 

Disclaimer: I have no Dow Stock.

Tue, 11/18/2014 - 13:50 | 5461748 tony wilson
tony wilson's picture

francis ford coppolla

was to scared to make the godfather about the yidisher rothschild rockerfella skank crime syndicates.

 

so he picked on the lowly wop families

as tony soprano said to me

tony forget about it

that gold he"s gone.

Tue, 11/18/2014 - 14:10 | 5461833 Bear
Bear's picture

The Mafia is not Italian? Don't tell the Sicilians.

Tue, 11/18/2014 - 15:39 | 5462104 Monty Burns
Monty Burns's picture

Same with Casino.  The Jewish head gangster was transformed into just a 'clever enterpreneur' while the Mafia types were Italian. 

Tue, 11/18/2014 - 13:49 | 5461749 Atomizer
Atomizer's picture

Poof, Ukraine finally got around to pay their gas bill.

Tue, 11/18/2014 - 13:54 | 5461750 tarabel
tarabel's picture

 

 

Lot of very contradictory stuff in this article. Let's review... 

1) The previous thug regime piled up 80 tons of gold.

2) As soon as they lost power, half of it vanished. Translation: they took it with them when they fled. Most likely, it is now Putin's gold.

3) Forty boxes that can be loaded by hand were put on board a plane. That does not equate to 40 tons, more like 2 or 3 tons.

Conclusion among those who really, really, really want to believes that everything on earth is an American consipracy: The Federal Reserve stole all 80 tons of it. 

Even if they did, so what?

You guys all hate the Ukrainians, so why do you care who robbed them?

Next, you suppose that it got sent to China.

So China actually robbed the Ukrainians of their gold.

The most likely case is that Russia has half of the gold and the other half was sent West in return for financial credits to keep the Ukrainian government alive in the midst of an emergency.

Correction: The half that Russia stole has also been sent on to China as part of the recent pipeline deal. So China has it all and is doing this to go on the gold standard. As if they didn't have gajillions in paper debts that would suck their new gold reserves dry in a week if they did so. 

Tue, 11/18/2014 - 13:54 | 5461766 The_Prisoner
The_Prisoner's picture

Fail.

Tue, 11/18/2014 - 15:51 | 5462148 rejected
rejected's picture

"you guys all hate the Ukrainians, so why do you care who robbed them?"

Nope... Just hate Nazi fascists, whether they be Uke or merikan or Klingon for that matter.

Tue, 11/18/2014 - 13:52 | 5461759 teslaberry
teslaberry's picture

yemens looking pretty good actually. they got over 2000 pounds of gold!!!!. not bad.

Wed, 11/19/2014 - 02:00 | 5464238 OW My Balls
OW My Balls's picture

better not have any wedding parties in yemen

Tue, 11/18/2014 - 13:52 | 5461764 cherry picker
cherry picker's picture

Is there no way for the American people to demand access to the reserves so a physical count can be taken?

Is there no way to make people such as the President accountable for lying and charge him and Bush for 'killing some folks' or 'torturing a few folks' or 'stealing from a few folks' or 'denying a few folks a fair trial before imprisonment'?

Is there no way to prevent the governments from ignoring the 'Constitution'?

Maybe a civil action can be launched to fix things?  Bring all these matters to the Supreme court.  Maybe for once they can issue some arrest warrants?

Nah, they are in it up to their eyeballs too.

Funny, they all claim to love their country, but there isn't a patriot in any of the three branches I can see.  They all talk the big talk to get in, then after they are elected they join the big 'party' where anything goes.

Tue, 11/18/2014 - 13:55 | 5461773 ajkreider
ajkreider's picture

Tin foil hats all around!

Tue, 11/18/2014 - 14:19 | 5461862 Hamm Jamm
Hamm Jamm's picture

and Asshat for you !

Tue, 11/18/2014 - 14:19 | 5461863 Hamm Jamm
Hamm Jamm's picture

and Asshat for you !

Tue, 11/18/2014 - 13:56 | 5461783 I am a Man I am...
I am a Man I am Forty's picture

so who was responsible for the gold at the time of the disappearance?? was it the central bank? who was it guarded by? who authorized?

Tue, 11/18/2014 - 14:04 | 5461817 insanelysane
insanelysane's picture

You just show up at the door with some hookers and blow and armed to the teeth.  You tell the guards at gunpoint that you have been authorized to move the gold by the people in charge and that the guards should enjoy the hookers and blow.  Same thing at airport.  It's quite easy but you need to look totally annoyed any time someone asks you a question.

Tue, 11/18/2014 - 16:32 | 5462287 I am a Man I am...
I am a Man I am Forty's picture

Got it, looks like a job for Dan Bilzerian.

 

https://www.youtube.com/watch?v=nAHRF87R8eU

Tue, 11/18/2014 - 13:59 | 5461796 10044
10044's picture

The "honorable" Jon Corzine could not be reached to comment on this issue.

Tue, 11/18/2014 - 14:05 | 5461820 insanelysane
insanelysane's picture

The bank asked Jon for proof that the money was really his but then after a few hours of silence the bankers said, "you know what Jon, we'll just take your word for it."

Tue, 11/18/2014 - 14:07 | 5461824 limacon
limacon's picture

The Elite ate it .

 

http://andreswhy.blogspot.com/2009/03/gold-licks-update.html

"The gold addiction mechanism .
siRNA sequences silencing the serotonin and dopamine re-uptake genes are ferried by gold-nanoparticles .

 Gold is nature's prozac ."



Tue, 11/18/2014 - 14:12 | 5461835 Darkside
Darkside's picture

The Ukrainians are so FUCKED - OWNED. The US is in charge. God help the young.

Tue, 11/18/2014 - 14:14 | 5461844 Fox-Scully
Fox-Scully's picture

Is that official chart for Ukraine or the US?

Tue, 11/18/2014 - 14:20 | 5461866 escapeefromOZ
escapeefromOZ's picture

If there was justice , the PM in charge at the time should be shot . Who did this is a traitor and there should be a bounty on his head.

Tue, 11/18/2014 - 15:32 | 5462084 Monty Burns
Monty Burns's picture

Correct, but he has an Israeli home and passport so he'll do a Marc Rich if the SHTF.

Tue, 11/18/2014 - 14:20 | 5461870 fukidontknow
fukidontknow's picture

Stupid Nazis had their gold stolen by the New York Jew Nuland. Ha ha ha.

Tue, 11/18/2014 - 14:21 | 5461872 skbull44
skbull44's picture

For all their talk about gold being a worthless relic, the money printers certainly seem to be trying to accumulate it all...

http://olduvai.ca

Tue, 11/18/2014 - 22:41 | 5463502 KittyStix
KittyStix's picture

They got to have something of value. Fiat is sure not.

Tue, 11/18/2014 - 14:25 | 5461886 Jonathan Equine...
Jonathan Equine Phallus's picture

You know, Obama, who won a Nobel guys, so.... you know... lil respect... anyway, in australia, he said that Russia [or its proxies I suppose] shot down that Malaysian airliner...  but he forgot to provide any evidence, despite the fact there's black boxes and control tower tapes and US/NATO satellite imagery to rel on for sure.

Anyone know where that evidence is?

Does Rita Katz at Site Intelligence have it? What about Friedman or Kaplan at the very reliable STRATFOR?

 

----

Good summary by Jimmy Petras - he skillfully avoids saying "who" the oligarchs were/are, of course: 

Russia’s Vulnerability to EU – US Sanctions and Military Encroachments


 

 

Tue, 11/18/2014 - 14:26 | 5461887 maneco
maneco's picture

The same chaps that have stolen the Bundesbank's gold have stolen the Ukraine's gold.

Tue, 11/18/2014 - 14:31 | 5461892 russwinter
russwinter's picture

Probably looted by the George Soros parasite guild crime syndicate. 

https://archive.org/details/TheJudeo-russianMafia-FromGulagsToBrooklynTo...

 

Tue, 11/18/2014 - 14:29 | 5461894 ziggy59
ziggy59's picture

You Think Charlize Theron, Mark Warburg, etc., will get the part making Italian Job 2.?
...The Ukraine Job..

Tue, 11/18/2014 - 14:34 | 5461916 Son of Captain Nemo
Son of Captain Nemo's picture

I think this sums up the situation rather well.  Only Zionists would create the circumstances of their own financial demise then blame it on someone else!

Oh... Love that yawn!

Tue, 11/18/2014 - 14:58 | 5462000 Son of Captain Nemo
Son of Captain Nemo's picture

First line of lyrics in Shlomo Guthrie's version of "This Land is Your Land" -

This land is my land... This land is my land...

Wed, 11/19/2014 - 06:02 | 5464458 Nondrone 99
Nondrone 99's picture

"Your land is my land &c," A couple of Palestinians stormed a synagog yesterday with "pistols,butcher knives,cleavers and grenades." If only people would understand that there is no land ANYWHERE that is not subject to being claimed by the Jews.Under the flimsiest of pretexts.The synagog slaughter should be the occasion of a new Holiday-Throw A Shoe At A Jew Day.November 18th.

Tue, 11/18/2014 - 14:50 | 5461970 Hamm Jamm
Hamm Jamm's picture

DUUUUUH  Gee Rocky ....  where did my gold go ???   

 

kiss it good bye, suckers !!   

 

hint hint...   its the cocksucking BANKERS ...   they start all the wars, make us all poor, and figure out ways to make you DEAD ....      or are you stupid and gonna blame other nationalities or FAKE leaders and repeat history

Tue, 11/18/2014 - 16:01 | 5462177 gcjohns1971
gcjohns1971's picture

Ukraine has a deficit with her main trading partners.

Ukraine's main trading partners are:  Russia, China, Poland, and Byelorus.

WHAT OF VALUE HAS UKRAINE HAD WITH WHICH IT WAS POSSIBLE TO PAY THEM OVER THE LAST 9 MONTHS????

Tue, 11/18/2014 - 16:40 | 5462306 Volkodav
Volkodav's picture

imf money that was mostly diverted by Kyiv leadership

no accounting

while conscripts without food, medicine, supplies and support cannon fodder with gun at back

by the Oligarchs terror squads much better looked after

Tue, 11/18/2014 - 14:55 | 5461990 mastersnark
mastersnark's picture

This means Ukraine's gold is safe, right? I was concerned it had been "misappropriated" by the unelected leadership of the Ukraine following the coup.

Wed, 12/10/2014 - 20:32 | 5538751 TheGreatRecovery
TheGreatRecovery's picture

"Gold is a barbarous relic, and WE are the barbarians."

Tue, 11/18/2014 - 14:57 | 5461994 Ariadne
Ariadne's picture

Porky got your money. Dudes.

Tue, 11/18/2014 - 14:58 | 5461999 Joebloinvestor
Joebloinvestor's picture

Shouldn't Greece be making this same announcement?

Tue, 11/18/2014 - 22:04 | 5463366 Escapedgoat
Escapedgoat's picture

THAT WAS GONE  in the Spring of 1941 with the "Brave" King of Greece to Alexandria and then South Africa and Finally London.

And since then for "Historic Reasons"  they keep the gold in their hands.

Greece got  FUCK ALL.

So what audit do you think the Banksters are going to do?

Tue, 11/18/2014 - 15:03 | 5462016 Monty Burns
Monty Burns's picture

That's why the tribe is hated in Russia/Ukraine.  Those countries have been f*cked over time and again going back to the Bolsheviks. The Ukraine gold theft and unwinnable war are just the latest.  Prior to that Larry "The Looter"  Summers and his coterie of oligarchs grabbed ownership of Russia's natural resources and fled with the loot.

Tue, 11/18/2014 - 15:26 | 5462058 jacship
jacship's picture

Wasn't Brussels buying

us paper bonds by the billions early this year?

Tue, 11/18/2014 - 15:29 | 5462072 rejected
rejected's picture

US 8000 Tons

China 1000 Tons

hahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahahaha

rinse, repeat,

ROFLMAO and people believe this BS!

Hey Fed Morons... Where's the audit!

Tue, 11/18/2014 - 22:39 | 5463488 KittyStix
KittyStix's picture

Day won't let nobody near dat rabbit hole...

Tue, 11/18/2014 - 15:33 | 5462088 are we there yet
are we there yet's picture

Lybia had a dramatic vaporization of half of their gold as well when Kadafi went feet up.

Tue, 11/18/2014 - 19:02 | 5462863 Monty Burns
Monty Burns's picture

But hey, they got a central bank in exchange for the gold. The 'West' was so diligent that they set it up in Benghazi even while the war was still going on.

 

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