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Thread: Ukraine Admits Its Gold Is Gone

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    Ukraine Admits Its Gold Is Gone

    Yanukovich was accused of pro-Russia. But in his regime, the gold reserve of Ukraine reached 40 tons high. He was still for the interest of Ukraine. What about Poroshenko?

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

    Submitted by Tyler Durden on 11/18/2014

    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:

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

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    Re: Ukraine Admits Its Gold Is Gone

    Is The Breakup Of Ukraine Inevitable?
    11/12/2014

    Ukraine is the very definition of the word “inevitable” — that which cannot be avoided. Ukraine is going broke. It may lose more of its territory. Investors are running for the door, betting that things are going to get worse. All of this is now unavoidable

    Is The Breakup Of Ukraine Inevitable? - Forbes

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    Re: Ukraine Admits Its Gold Is Gone

    The I.M.F. has identified a $15bn shortfall in its bailout for war-torn Ukraine. The gap need to be filled within weeks to avoid financial collapse.

    G. Osborne, the UK finance minister, saying the EU was now asking for help from Russia at the same time it was sanctioning the Kremlin for its actions in Ukraine.


    IMF warns Ukraine bailout at risk of collapse

    December 9, 2014 7:27 pm
    Peter Spiegel in Brussels and Roman Olearchyk in Kiev


    http://www.ft.com/intl/cms/s/0/9a3ef...#axzz3MBp60HiF

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    Re: Ukraine Admits Its Gold Is Gone

    Katsung - do you ever make any postings other than those ridiculously spreading Doom & Gloom, Impending World War & Economic Meltdown (usually caused by Russia)? I, for one, have never seen you post anything of a positive nature.

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    Re: Ukraine Admits Its Gold Is Gone

    Quote Originally Posted by FourPart View Post
    Katsung - do you ever make any postings other than those ridiculously spreading Doom & Gloom, Impending World War & Economic Meltdown (usually caused by Russia)? I, for one, have never seen you post anything of a positive nature.
    Buy a tape recorder, record your favorite, then repeat the tape. That will fit your demand.

    -------------

    Russia shifts to tougher economic relationship with Ukraine


    Russian PM says Moscow’s relationship with Ukraine would now be based on purely ‘rational and pragmatic’ terms that put Russian interests first
    Reuters
    Published: 14:46 December 15, 2014

    Moscow: Moving closer to the European Union offers no panacea for Ukraine’s financial problems and will mean big losses in economic ties with Moscow, Russian Prime Minister Dmitry Medvedev said in an article published on Monday.


    He said Moscow had for many years provided generous terms in deals with Kiev which had helped build up Ukraine’s economy but the relationship would from now on be based on purely “rational and pragmatic” terms that put Russian interests first.


    “We will no longer support the Ukrainian economy. It is a burden for us and to be honest, we are tired of it,” he wrote in Nezavisimaya Gazeta, a privately owned daily newspaper.

    Russia shifts to tougher economic relationship with Ukraine | GulfNews.com

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    Re: Ukraine Admits Its Gold Is Gone

    Quote Originally Posted by katsung47 View Post
    Buy a tape recorder, record your favorite, then repeat the tape. That will fit your demand.
    You're right. That principal would work with your posts. A standard form, with the spaces left blank in which to enter the current country / person to be the subject of the cause of the latest Apocalypse.

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    Re: Ukraine Admits Its Gold Is Gone

    U.S. to back $2 billion in loan guarantees for Ukraine

    WASHINGTON Tue Jan 13,

    (Reuters) - The United States plans to provide up to $2 billion in loan guarantees to Ukraine this year, the U.S. Treasury said on Tuesday, as part of a broader international package to stave off bankruptcy.

    Like other major donors to the country, Treasury said the guarantees would be contingent on the former Soviet republic remaining on track to meet the conditions of its loan program from the International Monetary Fund. IMF officials are in Kiev this week to resume negotiations on the package, currently worth $17 billion.

    Ukraine's government hopes the IMF's visit will lead to a bigger aid program as its economy has been pushed close to bankruptcy by a pro-Russian separatist war in the east and the government faces huge debt repayments.

    U.S. to back $2 billion in loan guarantees for Ukraine | Reuters

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    Re: Ukraine Admits Its Gold Is Gone

    Poroshenko Tells Ukrainians IMF Loan Is Not for Them

    Ukrainian president explains enormous IMF loan won’t help ordinary Ukrainians. Will be used to pay foreign creditors and fund the ongoing civil war

    Alexander Reed Kelly

    (TruthDig)
    Ukraine Mon, Mar 16
    Poroshenko Tells Ukrainians IMF Loan Is Not for Them

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    Re: Ukraine Admits Its Gold Is Gone

    Ukraine's hryvnia plunges after foreign currency auctions scrapped
    Thu Feb 5, 2015

    KIEV, Feb 5 (Reuters) - Ukraine's hryvnia currency plunged about 30 percent against the dollar on Thursday, traders said, after the central bank abandoned the foreign currency auctions that had effectively pegged the exchange rate.

    With the hryvnia declining even before Thursday's drop, and Ukraine's foreign exchange reserves falling to $6.4 billion - barely enough to cover five weeks of imports - the bank has few ways to revive an economy on the brink of bankruptcy.

    http://www.reuters.com/article/2015/...0VF1UF20150205

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    Re: Ukraine Admits Its Gold Is Gone

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    Way up to date & on the ball I see.

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