This page has been archived and commenting is disabled.
Ukraine Central Bank Conned Into Swapping Its Gold For Lead Bricks
Just when one thought the story of Ukraine and its (now non-existant) gold could not get any more surreal, it did.
As a reminder, it was about a month ago when we learned courtesy of an interview on Ukraine TV with the country's central bank head Valeriya Gontareva, that Ukraine's gold was virtually all gone, when she 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."
That in itself would have been sufficient to explain why just a few short days later, the Netherlands shocked the world when it announced it had secretly repatriated 122 tonnes of gold from the NY Fed, and had the story of Ukraine's missing gold ended there (or even with the criminal probe launched by Ukraine whether the central bank head had abused her power and misused her office when she "intentionally committed an extremely unfavorable transaction for the gold and forex reserves of Ukraine"), it still would have been one of the most bizarre, surreal stories of 2014.
Luckily, the story just got far better, and far, far more bizarre and surreal.
As Bloomberg reports, Ukraine opened a criminal probe after several gold bars at the central bank’s storage in the southern city of Odessa turned to be painted lead.
"The management of the central bank’s branch in Odessa asked us to investigate fraud by their employee," Volodymyr Shablienko, head of the Odessa police’s press office, said by phone today. "We are conducting a forensic audit now."
As Bloomberg explains, the latest gold fraud involved a central bank employee passing lead bars covered with golden paint to the storage unit, registering them as gold, the Vesti newspaper reported today, citing an unidentified person with knowledge of the matter in Odessa’s police department.
According to additional information from RT, the central bank was actually conned into buying the gold-plated lead.
Yes lead, not even tungsten.
RT adds that the National Bank of Ukraine (NBU) has confirmed the theft of several kilograms of gold in the Odessa region. The cashier involved has apparently fled to Crimea, Vesti Ukraine reports. Criminal proceedings began on November 18, even though the scam apparently took place between August and October.
In other words, when Ukraine still, allegedly, had some gold left. Now it has no more gold, but at least it has some very expensive lead.
A preliminary investigation suggests the gang had someone working for them inside the bank that forged the necessary paperwork to allow the sale of the fake gold bullion. It’s also been discovered that bank staff were not regularly checked when entering or exiting the premises.
Altogether some 11 kilograms of gold worth about $420,000 are missing.
And while one can laugh at the stupidity of a central bank duped into believing gold-plated lead is the real deal, the real stunner is that according to the First Deputy Central Bank Governor Oleksandr Pysaruk, the central bank “took a principal decision that we will not buy gold any more from the population. We are making conclusions internally, including changing our procedures."
In other words, until December, the central bank would buy any gold-plated lead, or tungsten, without any authenticity tests from any member of the population, or in other words, exchanging its existing reserves, i.e., gold (which it no longer has after converting most of it into dollars), into lead.
There is a potential silver lining here in that whoever ended up getting the bulk of Ukraine's gold reserves, is now also the proud owner of a few hundreds kilograms of gold-plated lead.
One really couldn't make this up, which is perhaps the point. Better for the public to be focused on the stupidity of its central bankers, than on their criminality for selling out the people's gold (or worse, giving it away for free in exchange for political favors of the current class of US State Department muppets) to unknown buyers in exchange for a few pieces of green paper.
h/t Marco
»
- 66708 reads
- Printer-friendly version
- Send to friend
- advertisements -
The USSof A is in a triple full ' blow me ' crisis.
There must be so much gold in Tel Aviv....
Ahh, my short story again!
Sol was amazed when Mordecai showed him the secret bunker under the Rothchilds-built Knesset.
"Mordecai-- its all...here! From all over the World! French! American! India! OMG NAZI gold bars!!"
"Yes, Sol, you must guard this with your life. Yes, our Branch in NY is empty, but we can resupply quickly. Our tunnels run everywhere!"
"Check out the Romanov stuff...not coins, but still..gold!"
" And this is Sumerian! The stuff in the cave over there is Babylonian! We will soon rule the world, once we reveal everyone else holds Tungsten, Do your job!"
"Yes, Sir!!"
Very good. They've been single-mindedly stacking other people's gold for centuries.
Digogenes corollary:
It can be used as an addendum to Hanlon's Razor:
Good thing to keep in mind.
So.
How much of the Fed's gold is lead then?
For those of you keeping track the global satanists love to make ongoing claims and attempts to marginalize and eliminate the things they both fear and covet the most
That would be so they can have it and you can't
So goes Gold or any PM for that matter and the rights we globally have un-a-lienably (ie. nobody can place a lien on it; at least not without your consent) as spelled (note the word spell) out in the Constitution of the united State of America. How many times has the MSM said the Constitution is an outdated document that needs to be rewritten or eliminated? Even I've hear them say that and I rarely watch US MSM
So three cheers for those of you that see the real light and close your eyes to the charade. The ones that buy and hold Gold and lay full claim and retain all of your rights
You are their greatest threat. Taste this end of the Rainbow all you satanist androgynous bitches
If I were Ukrainian I'd demand to know the whereabouts of every USSA gubmint official at the time of the theft, especially the good folks at our own beloved Feral Reserve.
Event calls for a Moscow protest in support of Alexei Navalny, prominent opposition leader and fierce critic of the Kremlin
Facebook has blocked a page calling for a protest in support of a prominent opposition leader in Russia, apparently at the request of Vladimir Putin's government. The page was created on Friday to organize a Moscow demonstration to support Alexei Navalny, an anti-Putin blogger who has been targeted by the Russian regime since 2011, when he spearheaded widespread anti-government protests. Last week, Russian prosecutors called for Navalny to serve a 10-year jail sentence on nebulous charges of embezzlement, sparking calls for pro-Navalny protests. The Facebook event page, which has 13,000 attendees as of Monday morning, was blocked within Russia on Saturday, though it remains online for users outside the country. The Washington Post reports that similar pages have since sprouted up and remain accessible in Russia.
A spokesman for Roskomnadzor, Russia's communications regulator, told the Interfax news agency Saturday that the government had requested that Facebook block the page because it calls for "unauthorized mass events" and that its request "is being fulfilled." A controversial law passed earlier this year allows Russian regulators to block any sites that call for unauthorized demonstrations or publish "extremist" content. The pro-Navalny demonstration was to be held on January 15th, the day Navalny's verdict will be handed down, in Manezhnaya Square, near the Kremlin. A Facebook spokesperson told the Post that the company is currently investigating the matter. A Facebook spokeswoman declined to comment on this story.
The crackdown continues
The Russian government has tightened its control over the internet in recent years, mirroring its broader crackdown on domestic television, newspapers, and other media outlets. This week's move comes amid continued economic turmoil in Russia and after Putin's annual marathon press conference on Thursday. During the three-hour press conference, Putin warned that "the border line between the opposition and the fifth column is very thin," evoking a World War II-era term for government traitors.
Facebook isn't as popular within Russia as the social network VK, which last year came under control of pro-Kremlin oligarchs after a hostile takeover. Both Facebook and Twitter have complied with government requests to block certain material in the past, and regularly acknowledge them in transparency reports. During the first six months of this year, Facebook removed 29 pieces of content at the request of the Russian government. A new law going into effect on January 1st requires internet companies to store data on Russian citizens within the country's borders, potentially making it easier for the government to monitor them.
Zero Hedgers support Putin, king of corruption and censorship.
When will Russia have a real media instead of state-controlled nonsense like RT?
When will Russia have rule of law?
you dont seem interested at asking the same questions about things here in the USA... are you a moronic troll or what? Youre no more a "patriot" than a lunatic....You support the Jewish liberal media i see. RT must be at least as accurate than our media, you dolt...
I think it is just some asshole kid who discovered the site and wants to raise hell.
Perfectly normal.
Valerie Jarrett probably has Cass Sustein and Van Jones trolling the boards.
For that matter, when will America have a real media? When will America have rule of law?
Dude, you are the most far-out guy who has showed up lately.
Is your account at Eglin?
You are really a trip.
i enjoy your stuff...it reminds me of teenage rebellion!
Take the "k" out of your spelling. It does not fit the meme you want to create. Only the Left uses that spelling and you purport to be from the other side.
Actually, that is the one thing that throws you off immediately.
Bugs Bunny avatar, very mature.
Bugs Bunny avatar, very mature.
I agree. Amerika should send its Jew propaganda presstitute machine to Russia to take over Russian minds rather than have Russian propaganda sheild Russian minds from Jew rot. That way Russians and Americans could become equally stupid goyim. With any luck maybe we could even have a color revolution in Russia, don't need one in Amerika though, they got a full blow stupid revolution going on already.
Jew propaganda? Please eradicate this racist bigot from the system permanently.
'
'
'
Every notice Scotia Mocatto's Gold comes inserted in a sealed, plastic case?
Who amongst us would have the nerve to crack a case, and then suffer the ignomy of having to assay the piece, to get fiat for it?
And maybe that's just what they're counting on, eh?
Get.
The.
Guns.
•J•
V-V
Just a suggestion, Ukraine. Maybe you could turn those bricks into balls, put a little powder behind em', try a forceful unswapping.
Hell, you could always turn em' into nails. Bankers seem to have been on the receiving end of those swaps lately.
This has all the makings of a good fairy tale.
well they can make a lot of bullets with all that lead
I just bought some lead Bitcoins............ do you think they're OK?
this doesn't square with the report of the midnight armored car at the airport story. i'm gueesing hogwash on this one.
tungsten may have been more believable than lead. they might be Ukrainian, but they're not uncanny.
This government is Like Hans Gruber in Die Hard.
The political posturing, speeches and motives are all bullshit. It's just to distract the people while they make off with the loot.
They are nothing but common thieves.
Funny how the gold just seems to disappear when the US sticks it's rather large nose in other countries affairs.
Trend alert.
I would have never thought that gold is hard to verify, inefficient for transactions and expensive to store and transfer. /s
We rebar'd some folks...
in case stupid picture doesn't show up:
http://ecocatlady.blogspot.ca/2013/05/adventures-in-food-group-alchemy.h...
If they were smart they would have kept their mouth shut and sold them. After all, the entire world economy is based on the "greater fool" principle.
Well only people who have never held physical gold in their hands could have bought them. A kilo of gold is quite small.... a kilo of lead? Not so much... So those people in the Ukraine were the ultimate fools. No "greater fools" left.
when they're done over there they can send the forensic audit team on over to Fort Knox to have a look. That should produce some world class shock and awe.
With everything else we know about the violent overthrow of a legitimate government before February 2014 that didn't do what the outside parties wanted -looting being the least of Ukraine's problems with the annihilation and maiming of the most precious commodity of all, like Iraq... like Libya... like Afghanistan...
What does it matter!
LMAO !!!!
I wonder how many of you PM fanatics have actually purchased shiny lead ?????