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With Its Gold "Vaporized", A Furious Ukraine Turns On Its Central Bankers
As reported two weeks ago, following a stunning announcement by the head of Ukraine's central bank, Valeriya Gontareva, on primetime TV we learned that (virtually) all of Ukraine's gold was gone, or - in the parlance of Jon Corzine - had "vaporized."
And as we also predicted two weeks ago, it was only a matter of time before Ukraine's people - the vast majority of whom are innocent pawns in a vast game of realpolitik between the west and east - finally got angry and demanded some answers, if not heads. That time came earlier today when as Interfax.ua reported "a Kyiv-based court has instructed Kyiv prosecutors to bring an action against National Bank of Ukraine (NBU) Governor Valeriya Gontareva on charges of abuse of power or misuse of office to obtain illegal profit, the Vesti newspaper reported on Tuesday."
According to Interfax, "This decision was taken by Kyiv's Pechersk district court on December 1 after it had examined case No. 757/33660/14. It ordered the Kyiv prosecutor's office to launch an investigation and include it in the register of pre-trial investigations," the newspaper reported.
Gontareva is charged with abuse of power or misuse of office under Article 364 of the Criminal Code of Ukraine.
The plaintiff is lawyer Rostyslav Kravets, the newspaper said. He confirmed this information in his post on Facebook, saying that the decision was taken by the court at the third attempt, and in November 2014, the prosecutors declined to bring an action to meet his claim.
The charges against the chief banker involve foreign currency interventions by the Central Bank in August 2014: On August 5 the NBU bought U.S. dollars on the interbank forex market for UAH 11.93 per U.S. dollar and sold them for UAH 12.26 per U.S. dollar. During the same week, on August 8, it traded in foreign currency at a higher rate: UAH 12.45-12.6 per U.S. dollar. First it sold $69 million on the interbank forex market at a lower rate, and some days later it bought $35 million at a more favorable price.
As a result of these transactions, the NBU lost 19 kopecks per U.S. dollar, Kravets said.
Kravets claims that by acting so, Gontareva "has intentionally committed an extremely unfavorable transaction for the gold and forex reserves of Ukraine, despite the fact that under Ukraine's Constitution it is the Central Bank that is in charge of maintaining the country's gold reserves."
* * *
That, and of course, there is also that as a result of central bank "transactions" the Ukraine central bank is now essentially gold-free, which per Gontareva's recent appearance, has just 1% of total reserves in the form of the yellow metal.
And while it remains to be seen if this will be the spark that lights the counter-revolution (after all it took Egypt not less than a year to turn against the puppet regime dumped upon it by the CIA and the US State Department) others are already sensing which way the wind is blowing. As Bloomberg reported moments ago, another central banker, Olena Shcherbakova who is head of the monetary policy department at the Ukrainian central bank, said she is resigning. When reaced by phone she stated that she "has the right to step down," without giving reason for decision.
She sure does, although we doubt even a former Goldman Sachs partner would be willing to replace her, as the realization among the Ukraine people finally seeps through that they were thoroughly betrayed by the same people who promised they would fix the country following the February presidential coup.
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...and it's gone!
all of Ukraine's gold was gone, or - in the parlance of Jon Corzine - had "vaporized."
Well then she should go to jail JUST LIKE COZINE!
Oh wait....
"Either we all hang together or we will surely hang separately." CB creed
"Those are IOUs, they are as good as gold."
In the parlance of ZH, the gold was Corzined.
When do we get the Bernake in front of a firing squad?
hahahahhaa
How is "European Unity" treating you now you stupid bitch.
As the pie shrinks, the rats turn on each other, fighting for the crumbs.
Death by Boogaloooga!!!
Anyone else want to sell their country's gold to the US?
Mmmmm, golden popcorn!
Proof Again That... The Whirld Revolves Around HARD Money---GOLDie.
WTF is the problem?
Nazis don’t need gold.. and besides, Central Bankers know best.
Oh.. and maybe they can cry in their beer with the UK who got the same shaft by Gordon Brown.
Gold Ukraine doesn't have can't be used to pay Putin for natural gas they need.
Banksters just helping the Ukraine remain frigidly virtuous.
Hey, a couple of thoughts..
After Gordon Brown sold off the UK gold at under $300, it soared over 300% in the next number of years.
And.. maybe a lot of that gold is in the Netherlands now.
Was gold stolen from Ukraine by the central bankers used to repay their theft from the Dutch?
The Uke Central bank shipped it to the Federal Reserve the instant the new coup assumed power. Local newsies were asking where the gold being loaded aboard planes was going, and they were told to shut up or they will be shut up.
http://newswire-24.com/2014/03/07/4827/
I'm sure the Fed used it to cover a bunch of the recent foriegn country withdrawals, after leasing it for a pittance, including, as you noted, the Dutch.
“Was gold stolen from Ukraine by the central bankers used to repay their theft from the Dutch?”
That was the implication.
And another thought… the Netherlands got theirs while the Germans did not.
Maybe they’ve got the goods on the West regarding MH-17.
Mostly Dutch went down there and maybe they threatened to blow the whistle.
Vapoorized! - https://www.youtube.com/watch?v=cpads8s5mik
Maybe that is why the UKES shot down that malaysian jet out of Holland. They were pissed off about their gold going to the Dutch.
Give them a "fair" trial then hang 'm !
no, they used it to buy bitcoin - says the man in the blonde whig who's just quit the job without giving reason.
Yet another country destabilized, destroyed, and looted for it's gold, seems to be a pattern forming.
They are so desperate they don't even hide it anymore.
Soon...
all the gold is in India.
or in the vaults of smart people across the world. hopfully next to the Food and guns
http://www.bgasc.com/category/buy-gold
" The Ukrainians are IMF's bitches now, " I've read somewhere.
I wonder how they feel ?
The mysterious man in the background!
Time to roll in the tungsten...
Who needs gold anyways? Gold is in a 6000 year bubble and is a barbarous old relic. Don't worry, Ukraine....the central bankers have everything under control. They just need to print you more money and borrow more from the dear IMF.
signed with love,
Switzerland
"He confirmed this information in his post on Facebook"
Well then, it must be true.
In the Ukraine, you do not sell gold, the gold sells itself.
So do your tits!!
Elvis has just left the building...
Listen (LOL), as we all learned from the SNB, CB gold that is not for sale is worth nothing. So the Ukraine CB sold it and turned it into $$ that have value.
Why is this so hard to understand?
h/t SNB
Sold for loans to pay for gas coming winter.
Sold for weapons that have already been used against the targets that we gave them....
Oh, heating bills? That will be another source. What else you got to sell?
Ukraine is blowing this WAY out of proportion. All this sturm and drang over a barbarous relic?
One might be led to think that even simple politicians recognize the value of gold, despite central bankers telling them otherwise.
That gold was just an "unwanted remnant" anyways...
Hey, I sent you a contact request... Got a few questions about your stance on ZH.
Handle says it all
Must have a MAD CRUSH on No Debt. Stalker type material me thinks.
If i have learned anything, it is that IOUs are JUST AS GOOD
Ask COMEX and NYMEX
But the best IOUs dont mention gold, but are colorful so they must be Good! (see this one has Washington on it)
A year ago when it looked like Putin was going to invade...the Ukrainian government announced they sent their gold to the US for protection.....Hahahahahahahahahahaha They should have let Putin have it, at least they'd know where it is.
Ain't that the truth. Apparently there isn't enough to buy off judges at this point.
She better be very careful that an unfortunate accident doesn't happen before she testifies.
Ukraine is the most corrupt country in Europe so i wouldn't be surprised if she was on the take or following instructions form someone who is.
Unfortunate boating accident? Too late for that now!!!
Oooooh you must mean the other kind....
I see nailguns in her future.
Plus gold does not vaporize....
Perhaps not at room temperature...
Imagine, selling gold at the bottom ticks, and buying dollars at the peak ticks... When the Ukie central banksters were studying the textbook that advises "buy low, sell high", they were holding the book upside down.
Their consultant, Gordon Brown, said it was a smart move.
You mean Goldman Sachs is short on gold again, and needs to be bailed out?
http://blogs.telegraph.co.uk/finance/thomaspascoe/100018367/revealed-why...
that move by Brown is called Brown's bottom
BVD nicotine stains
.
"Yes, that's right. She did it. She's the one. It's all her fault."
-- Ukrainian Prime Minister Arsefotz Yatsenyuk
+100
Meanwhile, the USSA banksters who took the gold from the Ukies are belly laughing. Mazeltov!
It's cute how people think the courts have any juristiction over the central bankers. No one in the legal system has juristiction over them because they are the law.
Only an angry mob can reign the central bankers in, and they never show up until the CB issued paper is already worthless.
Oy vey!
All Ukraine gold are belong to U.S.
And all US gold belong to Israel and Joos.
This ensures you that gold will not be confiscated.
+100
All US gold are belong to Israelis
I'm curious where it actually is. If I was banking mafia where would I want? If it really was a big tribal thing then it probably would be Israel but if the banking mafia are in reality more like a financial version of the Sicilian mafia then the Israeli govt. wouldn't have any problem taking it all off them if it was ever necessary. So... assuming for the sake of argument it's the second option where would it be? Phillipines, China, Caribbean, South America? It would have to be somewhere corrupt but not too corrupt to be too unsafe.
Wherever it is I'm going to guess the local government doesn't know it's there. they might know some people wanted to build storage for something but not that they have half the world's gold sitting in a vault under a warehouse.
Anyway, just an interesting thought.
"I'm curious where it actually is."
Being "stored" under Central Park.
I think its spread out in many vaults of private banks all over Europe and Asia and Israel. These mafia guys would never put all their eggs in one basket.
or the Jewish Mafia - Goldman sachs included -but even they and the Israelis have their Masters - The Hidden hand -the elites who truly rule the world -not all are Jews - most are likely not-though I'm sure the Rothschild's' are pretty close to the top of the list -if not at the top,
Amazing that all the professional economics people, Feral Reserve stiffs, and trolls like MDB bad mouth the only real monetary currency on earth, yet central banks and nations act otherwise toward the barbarous relic.
Yeah, where are the posters like chindit and Diablo when threads like this appear? Curiously, they never show up to comment.
Only on the days gold and silver get whacked.
That's because empty shells don't have arguments either.
MDB wasn't a troll. He was a genius.
Yeah, it's almost like they were trying to fool us or something. I'm sure t hey wouldn't do that.
My crystal ball shows him committing suicide with a nailgun.
Ukraine goxxed itself :)
~"In the parlance of ZH, the gold was Corzined."~
"By God. Wong's right!"
[Sorry, couldn't resist.]
:)
Pip, pip.
Why all the fuss about gold no one wants? The Ukranians need to learn from the Swiss. Just give it up! /sarc off.
Maybe the Ukranian's should watch this clip from Dumb and Dumber. It explains everything!! Don't worry those IOU's are just as good as money and every cent is accounted for. Here's one for a car. It's $275,000.
https://www.youtube.com/watch?v=7GSXbgfKFWg
"You see this one? It's a car, $275,000. You might want to hang on to this one."
LLoyd Christmas, Dumb and Dumber.
"Those are IOUs, they are as good as gold." Remeber the scene from Dumb and Dumber, when the brief case opens and all the money is gone and Jim Carey says, "There is an IOU for every cent and those are as good as gold", the audience laughs too bad they don't realize that all a dollar is, is an IOU for nothing.
Some of us are more separate than others.
"And that's why I'm richer than you."
-- Dear Leader Jamie
P.S. #AskLaura: maybe Ukraine should ask Laura Dimon to investigate.
But Bernanke told me its a useless relic that i can trade in for valuable FIAT
One werd...
Well then, no reason left to destabilize or invade the country, as the only remaining area of dispute is Russia's cash generating cow of providing the EU with most of it's energy needs which shouldn't leave anyone other than placid, calm and watching Cops reruns to see the nude guy with the mullet Tazered in the nuts again.
Can you post a link to that episode?
/s
Speaking of Russia providing gas to Europe, it seems Russia only provides 30%. So who, or what, is providing the other 70%?
Origin of European Gas in 2013
Russia: 27%
UE (UK and NL): 33%
Norway: 23%
Algeria: 9%
Quatar: 4%
I'd check your sources./
Quatar is not 25%
Who is the missing 4% ?
"Sorry, we Corzined some Uke banker folks".
"But not to worry, GS assures us they will not attack the Hryvnia the way they're attacking the Ruble. "It's all good", they tell us"
The Ukrain Central bank shot a hot wad of Gruber in thier publics face.
Probably in Jamie Dimons personal vault.
https://www.youtube.com/watch?v=IGYaFMFU63U
We Corzined some folks.
Goggle the creep zbigniews latest speech on the Ukraine.
He talks about finlanization but is really getting closer to his polish roots - a carve up.......
Zee-big-news really, really, needs to be dead; in t he worst possible way.
Oh, Mr. Marsh! D-d-don't worry. We can just transfer money from *your* account into a portfolio with your savings... AAAAAND IT'S GONE! This line's for people who have money with the bank, only, please step aside!
http://youtu.be/-DT7bX-B1Mg
This reminds me of hte story of the Spanish National Treasure. During the Spanish Civil War, which was fought by the "Republicans", against the Nationalists, the Republicans were reckoned to be Communists, and hence part of the great peoples revolution movement, etc. etc. so, their leader and chief supporter was Stalin, as the head of the "successful" Communist Country, of the USSR. The Republicans were in charge in Madrid, where the Central Bank and the Gold Reserves for Spain were, but the situation was fluid and they were afraid the Nationalists, under General Franco, would re-occupy the Capital and have access to the Gold Reserves to finance their military efforts. Accordingly, the Republicans asked Stalin if he would guard their gold for them, as a fellow communist, until the peoples revolution had finally succeeded in Spain. He said yes, of course; and they banged up all the gold in wooden boxes and loaded them on a carefully guarded train t o a Port where they could ship them to Russia. Stalin laughed out loud when the Gold arrived, and said, "Well, t hey'll never see that Gold again"; and they never did. In this case, of course, it was the CIA and the US shadow govt. who acted the part of the "Big Friend" who'll guard your Gold for you; but the result will be the same. People are pretty funny. And they don't learn well, either.
The lost of that Spanish republican gold to the Soviet Union caused massive inflation
we stole some stuff.
We fucked some foreign folks...
I'm curious as to why they left the 1%.
leaving one bar in the middle of an empty vault is a bit like a burglar crapping on the floor.
Goodbye!
Yep and they where duped into giving away their gold and Russia is sitting back and laughing. I guess the idiots didn't realize that the west is ran by banks and big business anymore and they could care less about freedom and justice.
Dude, they have the best farmland in the world, fuck the gold. Every year a new crop!
10 to 1 Goldman has it
100% chance it's already be leased out 42 times
I'll take the over on that, Charles
Things that will be obsolete or not exist in 2020:
iPods
Camera Film
the Ukraine
the Yen
the Jacksonville Jaguars
Bangalore Equities
Listen.
lol what happened to that guy anyway?
He's in his federally mandated 8 hour refreser for internet trolls.
I live in Jacksonville. The jaguars could stand to be abolished.
Well, they aint called GOLDman for nothing !
I'm stunned nobody has blamed Russia for it yet...
Surely Putin himself must have snuck into the vault and carried all 43 tonnes of it out by hand all at once.
Actually Putin tamed 4 wild bears, attached them to chariots and sled the gold through the snow to Russia. I think he did it all shirtless...
Do you remember that old calendar with the polar bears pulling a sled?
http://4.bp.blogspot.com/_6MBvSFCew7U/S_mgOs9OnfI/AAAAAAAAB24/nd2XTrgWmw...
LMAO!
The gold must be in JPM vault
You mean China's vault, right?
That or it was sent to China to keep them from dumping the US dollar.
Ukraine should adopt the American Justice System - where all banksters have immunity. Corzine is a free man despite massive fraud.
This in Russia as well. You should see what Glazyev recently said about Russian central bank: they are all liberals and oligarches. Pretty much CB of Russia is ruining any good chancesin Russia.
Got any links?
http://vineyardsaker.blogspot.com/2014/11/mikhail-khazin-q-with-saker-co...
It was so much easer to steal when you had gulags in Siberia to send dissenters.
What do you mean by the word "gulags"?
"Gulags" - It is episodes from the history of the USSR or the US CIA secret prisons around the world right now?
Since this article was ini regard to the Ukraine, it is in reference to when the Ukraine was ruled by the Soviets and killed millions of the political opposition. Stealing is easy when you can kill everyone.
To the junkers, are we so in love with Putin that you think gulags are positive thing?
lol What a shitty fucking band.
Ukraine was ruled by the Soviets and killed millions of the political opposition?!
The Truth? Do you really so much naive and think so?
But I (both Ukrainian) exactly know, that the by Soviets, always was ruled by the leaders from Ukraine and Georgia.
Do you want to get all the names of these Soviets tyrants from Ukraine and Georgia in chronological list right now?
Ignorant Post.
What has do to with President Putin?
Soviet was never a Russian construct
from 1917 thru Stalin, Russians were never in control
Solzhenitsyn is clear who the perpetrators were, and they were not Russians
Stalin was not a Russian. He was a Georgian criminal.
Even Kruschev and Breznev were Ukraine Nationals
and Gorby is half Ukrainian
Please do not conflate Bolshevik/Soviet USSR with Russia
Russians suffered more than any
I'm learning something here: even the evil soviet wasn't Russian but Ukrainian !?
To FrankieGoesToHo...
The Soviet government leaders: Khrushchev who gifted the large Russian territories to Ukraine was a Ukrainian. Bregnev was a Ukrainian. Khrushchev also served as a minister for the Stalin's government. Stalin was Gruzian (Georgian). Before Stalin, Lenin was Jewish.
The majority of the prisoners in the GULAG (General Administration of Prisons) was Russians. The Ukrainians were prison guards, and the Jews were the administrators. The Soviet Union was anti-Russian political system.
BTW, the US currently imprison more people than the Stalin regime in absolute numbers and the percentage wise.
Jews only fell out of love with the Soviet Union when Israel was founded and Golda Meir came as Ambassador to the USSR. Thence Stalin knew he could not trust them and planned to incarcerate Jews in camps until his untimely death in 1953 which led to the cease-fire in Korea
Lucy..yos got some splainin to do
They can always buy some paper gold and pretend it's the real thing
They can always make an offer for whatever the Swiss have left.
Fuck those Ukranian puppet EU mother fuckers...
enjoy ur hell...BITCHES.
Double-f*** them ;-) :
South Stream no more. Hello “Turk Stream.” Turkey will capitalise on Europe’s stupidity and control Russian gas transit
Red Pill Times
1 December
Excerpts:
Winners:...
Losers:
Ukraine: You are about to see Ukraine turn into a rump state. Once gas stops crossing through Ukraine pipes, the country will become a wasteland of nothingness. They fell hook, line and sinker for the American/EU fairytale. With Turk Stream a reality, Ukraine has lost its strategic energy significance, and the fairytale is in fact a horror freak show...
If gold is a barbarous, insignificant relic, then why did the US steal their gold?
Gold theft is tradition of course.
Listen to Rob Kirby's comments starting at the 15:00 minite mark in Greg Hunter's latest interview
http://youtu.be/k6ZM5t1SYdw?t=15m2s
He recounts a story about playing golf with Retired former chairman of Swiss banking institution (in Canada) who tells them..."if you guys had any idea how much effort and how much resources have been put into discrediting gold by the central banking community around the world, I don't think you would be nearly as bullish as you are right now..."
Rob feels the central bankers are now losing control.
Because they gave theirs away
A little too late the Tribe FUCKED U HARD
20th Century= Poland
21st Century = the Ukraine
The idiots majority in western Ukraine are Poles.
It is former Polish lands
And not for the first time. They have no excuse for not seeing this coming.
You too can be Corzined!
Got rope?
Big surprise. I think, for those of us in the US, we better pay attention to the theiving right under our noses and not get distracted elsewhere. Thank god the republicans vowed 'to take care of us' and went straight to work on tax breaks for the rich and their precious oil pipeline. Next thing you they'll want to give what they say is the devil, Obama, fast track authority to bing in TPP and destroy what's left of us. I hate this motherfuckers with everything I have.
Republican and Democrat parties – two wings of the same collectivist bird – ruled by the Council on Foreign Relations (CFR). Leaders of both parties agree on the three most important issues: Foreign policy, Dominance of the banking system, The U.S. role in the Middle East.
There’s no debate, no division (not even pretend) when it comes to these three issues.
America’s latent power rests in the people; that is why the US/Israeli empire wants to control the Internet, for as long as the Internet is open and free, the people have a chance to get around the banker-controlled media and replace the current system.