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Post new topic Reply to topic  [ 27 posts ]  Go to page 1, 2  Next
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 Post subject: Ukraine is among top 50 world gold holders
PostPosted: March 13th, 2014, 8:04 am 
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Joined: November 26th, 2006, 12:15 am
Posts: 3248
Quote:
Ukraine’s gold reserves are estimated at more than 36.1 tonnes, according to the national bank, and is ranked 47 in world standings.

In March Ukraine was 51 according to the World Gold Council.

For the second consecutive year Ukraine is trying to diversify its international reserves and is actively buying gold on both foreign and domestic markets. However the price is turbulent and experts argue, whether the Central Bank should join in the rush or wait until the price settles.

There have been reports Ukraine is going to start gold mining. Experts estimate Ukraine’s gold resources at 400 tons in the Carpathian Mountains and 500 tons in the Donbass region. Some gold is also believed to be in the Crimea and Dnepropetrovsk regions.

Right now Ukraine has no gold production of its own and buys around 5 tonnes of gold a year. Domestic production of gold could start this year, the deputy head of National Bank, Vera Rychakovskya said. In three to five years Ukraine is expected to produce at least one ton of gold domestically and gradually increase capacity which will allow to cut imports by a third.

wow Oil,now gold seems to be a repeating thing. Couldn't be a war for resources could it be ? Nahhhhh

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“Freethinkers are those who are willing to use their minds without prejudice and without fearing to understand things that clash with their own customs, privileges, or beliefs. This state of mind is not common, but it is essential for right thinking...” Leo Tolstoy


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 13th, 2014, 1:09 pm 
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Joined: September 20th, 2011, 8:18 pm
Posts: 4181
saherbal wrote:
Quote:
Ukraine’s gold reserves are estimated at more than 36.1 tonnes, according to the national bank, and is ranked 47 in world standings.

In March Ukraine was 51 according to the World Gold Council.

For the second consecutive year Ukraine is trying to diversify its international reserves and is actively buying gold on both foreign and domestic markets. However the price is turbulent and experts argue, whether the Central Bank should join in the rush or wait until the price settles.

There have been reports Ukraine is going to start gold mining. Experts estimate Ukraine’s gold resources at 400 tons in the Carpathian Mountains and 500 tons in the Donbass region. Some gold is also believed to be in the Crimea and Dnepropetrovsk regions.

Right now Ukraine has no gold production of its own and buys around 5 tonnes of gold a year. Domestic production of gold could start this year, the deputy head of National Bank, Vera Rychakovskya said. In three to five years Ukraine is expected to produce at least one ton of gold domestically and gradually increase capacity which will allow to cut imports by a third.

wow Oil,now gold seems to be a repeating thing. Couldn't be a war for resources could it be ? Nahhhhh


What war are you referring to?


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 13th, 2014, 5:28 pm 
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Joined: April 12th, 2010, 7:29 am
Posts: 2240
The US Federal Reserve's campaign to drive gold and silver prices down to protect the US dollar is seen by many governments as a buying opportunity.

Russia, China, and India are among the nations building their gold reserves.

Ed

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Searching for truth with an open mind is more rewarding than belief, which by definition is unquestioning.


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 14th, 2014, 1:36 pm 
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True Islander

Joined: November 26th, 2006, 12:15 am
Posts: 3248
Ex-racer wrote:
The US Federal Reserve's campaign to drive gold and silver prices down to protect the US dollar is seen by many governments as a buying opportunity.

Russia, China, and India are among the nations building their gold reserves.

Ed

Venezuela got theirs out of the US, Fort Knox or where ever they hold it a few yrs ago ,Germany is wanting theirs back so far the US has been shorting them. German Gold
https://www.youtube.com/watch?v=7RLhpkaIC7g

China hmmm heard and read alot on that not sure what is true or any of it.Heard they asked theirs back and found tungsten in the middle. Who knows what is true.

_________________
“Freethinkers are those who are willing to use their minds without prejudice and without fearing to understand things that clash with their own customs, privileges, or beliefs. This state of mind is not common, but it is essential for right thinking...” Leo Tolstoy


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 14th, 2014, 3:58 pm 
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True Islander

Joined: September 20th, 2011, 8:18 pm
Posts: 4181
saherbal wrote:

Heard they asked theirs back and found tungsten in the middle. Who knows what is true.


Heard that from where?
Still waiting on what war you are referring to.


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 14th, 2014, 5:39 pm 
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True Islander

Joined: December 5th, 2008, 9:54 pm
Posts: 4795
Raiders wrote:
saherbal wrote:

Heard they asked theirs back and found tungsten in the middle. Who knows what is true.


Heard that from where?
Still waiting on what war you are referring to.


The war that she is referring to might be the fictional one Obama is trying to convince Putin will happen if he does not fall in line of his thinking.

The problem is Putin is smarter than that and will out smart Obama.Obama is threatening to stave Russia out by sanctions.This they both know will not work,since Putin is friendly with China.
Now the question is what happens to the U.S if Putin convinces China to put sanctions on the U.S and calls in what is owed?


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 14th, 2014, 6:59 pm 
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User avatar

Joined: March 19th, 2004, 7:00 pm
Posts: 10735
Location: Charlottetown
Raiders wrote:
saherbal wrote:

Heard they asked theirs back and found tungsten in the middle. Who knows what is true.


Heard that from where?
Still waiting on what war you are referring to.


You really are out of touch with the media Raiders. You need to step up your game a bit.

I remember seeing the "tungsten in the middle" story in the G&M.

Phil

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"They shall grow not old, as we that are left grow old.
Age shall not weary them, nor the years condemn.
At the going down of the sun and in the morning
We will remember them".


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 14th, 2014, 7:18 pm 
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True Islander

Joined: September 20th, 2011, 8:18 pm
Posts: 4181
philipw wrote:
Raiders wrote:
saherbal wrote:

Heard they asked theirs back and found tungsten in the middle. Who knows what is true.


Heard that from where?
Still waiting on what war you are referring to.


You really are out of touch with the media Raiders. You need to step up your game a bit.

I remember seeing the "tungsten in the middle" story in the G&M.

Phil


You have a link to that story?
All I can see are a bunch of nutjob conspiracy sites repeating some garbage story with no basis.
A bunch of loonies who think the big bad government is trying to erode confidence in gold.


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 14th, 2014, 8:05 pm 
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True Islander

Joined: November 26th, 2006, 12:15 am
Posts: 3248
Raiders wrote:
philipw wrote:
Raiders wrote:
saherbal wrote:

Heard they asked theirs back and found tungsten in the middle. Who knows what is true.


Heard that from where?
Still waiting on what war you are referring to.


You really are out of touch with the media Raiders. You need to step up your game a bit.

I remember seeing the "tungsten in the middle" story in the G&M.

Phil


You have a link to that story?
All I can see are a bunch of nutjob conspiracy sites repeating some garbage story with no basis.
A bunch of loonies who think the big bad government is trying to erode confidence in gold.

ha ha some people are smarter than Gov gives them credit for. For the past oh say 6000 yrs gold has been the go when in trouble. Remember we used to hold gold to back currency. Is it done any longer? I don't think the US backs it's petro dollars with gold ? Can't be sure so many nut job conspiracy sites out there can't tell which ones are telling the truth any longer.

_________________
“Freethinkers are those who are willing to use their minds without prejudice and without fearing to understand things that clash with their own customs, privileges, or beliefs. This state of mind is not common, but it is essential for right thinking...” Leo Tolstoy


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 14th, 2014, 8:07 pm 
Offline
True Islander

Joined: September 20th, 2011, 8:18 pm
Posts: 4181
saherbal wrote:
Raiders wrote:
philipw wrote:
Raiders wrote:
saherbal wrote:

Heard they asked theirs back and found tungsten in the middle. Who knows what is true.


Heard that from where?
Still waiting on what war you are referring to.


You really are out of touch with the media Raiders. You need to step up your game a bit.

I remember seeing the "tungsten in the middle" story in the G&M.

Phil


You have a link to that story?
All I can see are a bunch of nutjob conspiracy sites repeating some garbage story with no basis.
A bunch of loonies who think the big bad government is trying to erode confidence in gold.

ha ha some people are smarter than Gov gives them credit for. For the past oh say 6000 yrs gold has been the go when in trouble. Remember we used to hold gold to back currency. Is it done any longer? I don't think the US backs it's petro dollars with gold ? Can't be sure so many nut job conspiracy sites out there can't tell which ones are telling the truth any longer.



Where did you hear this story of tungsten in gold sold to China?
Still waiting on what war you are referring to.


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 14th, 2014, 9:24 pm 
Offline
True Islander

Joined: November 26th, 2006, 12:15 am
Posts: 3248
Raiders wrote:
saherbal wrote:
Raiders wrote:
philipw wrote:
Raiders wrote:
saherbal wrote:

Heard they asked theirs back and found tungsten in the middle. Who knows what is true.


Heard that from where?
Still waiting on what war you are referring to.


You really are out of touch with the media Raiders. You need to step up your game a bit.

I remember seeing the "tungsten in the middle" story in the G&M.

Phil


You have a link to that story?
All I can see are a bunch of nutjob conspiracy sites repeating some garbage story with no basis.
A bunch of loonies who think the big bad government is trying to erode confidence in gold.

ha ha some people are smarter than Gov gives them credit for. For the past oh say 6000 yrs gold has been the go when in trouble. Remember we used to hold gold to back currency. Is it done any longer? I don't think the US backs it's petro dollars with gold ? Can't be sure so many nut job conspiracy sites out there can't tell which ones are telling the truth any longer.



Where did you hear this story of tungsten in gold sold to China?
Still waiting on what war you are referring to.

Well since it's the Ukraine in the title i guess it's Ukraine war if the stupid a$$es take it that far.

_________________
“Freethinkers are those who are willing to use their minds without prejudice and without fearing to understand things that clash with their own customs, privileges, or beliefs. This state of mind is not common, but it is essential for right thinking...” Leo Tolstoy


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 14th, 2014, 9:26 pm 
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True Islander

Joined: September 20th, 2011, 8:18 pm
Posts: 4181
saherbal wrote:
Well since it's the Ukraine in the title i guess it's Ukraine war if the stupid a$$es take it that far.


In other words no war at all. Just you fear mongering and making crazy accusations about oil and gold and why we are going to a war that doesn't exist.


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 15th, 2014, 9:08 am 
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True Islander

Joined: December 5th, 2008, 9:54 pm
Posts: 4795
Raiders wrote:
saherbal wrote:
Well since it's the Ukraine in the title i guess it's Ukraine war if the stupid a$$es take it that far.


In other words no war at all. Just you fear mongering and making crazy accusations about oil and gold and why we are going to a war that doesn't exist.


http://www.stripes.com/news/analysts-bl ... s-1.270904

Although Russia continues to construct a navy base in its own territory in Novorossisk, near Sochi, analysts agree that Sevastopol remains the navy’s preferred base in the Black Sea region because of its size, location and infrastructure.

“It’s hard to speculate on motivations, but it may be that one of the main reasons for the (events) in Crimea was, legitimately or not, they thought they might lose the base in Sevastopol,” said Dmitry Gorenburg, who researches Russian military reform at the CNA Corporation, an analysis group.

The gold and oil are just perks. :shock:


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 16th, 2014, 9:42 pm 
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Joined: November 26th, 2006, 12:15 am
Posts: 3248
LostSole wrote:
Raiders wrote:
saherbal wrote:
Well since it's the Ukraine in the title i guess it's Ukraine war if the stupid a$$es take it that far.


In other words no war at all. Just you fear mongering and making crazy accusations about oil and gold and why we are going to a war that doesn't exist.


http://www.stripes.com/news/analysts-bl ... s-1.270904

Although Russia continues to construct a navy base in its own territory in Novorossisk, near Sochi, analysts agree that Sevastopol remains the navy’s preferred base in the Black Sea region because of its size, location and infrastructure.

“It’s hard to speculate on motivations, but it may be that one of the main reasons for the (events) in Crimea was, legitimately or not, they thought they might lose the base in Sevastopol,” said Dmitry Gorenburg, who researches Russian military reform at the CNA Corporation, an analysis group.

The gold and oil are just perks. :shock:


Yup big perks indeed if it's already been shipped out to Fort Knox ,but mum's the word on that on this side of the pond.

Quote:
Marcus Brooks of News Wire 24 cited an Ukrainian news source in reporting that “Ukrainian gold reserves (40 sealed boxes) were loaded on an unidentified transport aircraft in Kiev’s Borispol airport. … A source in the Ukrainian government confirmed that the transfer of the gold reserves of Ukraine to the United States was ordered by the acting PM Arseny Yatsenyuk.”

Brooks commented: “If indeed this report is true it either means the new ruling elite have stolen the gold bullion or perhaps their is a legitimate fear of the Russians taking possession of this bullion, whatever the facts, it still looks very shady indeed.”

And Jesse’s Café Americain site noted: “If the Ukraine's gold was taken away for safekeeping, it may be so safe that they will never see it again for a long time. Just ask Germany.” The latter remark, of course, refers to Germany’s attempt to repatriate its gold held in overseas bank vaults in Paris and New York, a process that has surprised many observers by how long it’s taking, fueling doubts about whether the gold is really still there.

The Gold Anti-Trust Action Committee was curious enough about the story to call official agencies for verification.

“After two days of hectoring the U.S. State Department by telephone and e-mail, and doing so as a newspaper editor, your secretary/treasurer today recruited his U.S. representative's office to try to extract from State an answer to the question of whether the U.S. government has taken custody of Ukraine's gold reserves,” wrote Chris Powell. “At last at noon today came this cordial reply from Katherine Pfaff in State's press office: ‘We refer you to the Federal Reserve Bank of New York on this.’”

GATA also called the Federal Reserve in New York and this is what it learned: “A spokesman for the New York Fed said simply: ‘Any inquiry regarding gold accounts should be directed to the account holder. You may want to contact the National Bank of Ukraine to discuss this report.’”

In other words, “no comment.”

So for now, the truth about the Ukraine’s gold remains unclear. But if true, it underscores the notion that gold is a currency and a true store of value, especially in a crisis.
https://www.blanchardgold.com/investment-news/the-longview/ukraine-gold-rumors-receive-no-comment-from-us-fed-officials/


Quote:
Like New York Fed, State refuses comment on transfer of Ukrainian gold

http://gata.org/node/13764

Could be the old shell game being played here.

_________________
“Freethinkers are those who are willing to use their minds without prejudice and without fearing to understand things that clash with their own customs, privileges, or beliefs. This state of mind is not common, but it is essential for right thinking...” Leo Tolstoy


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 17th, 2014, 12:39 am 
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Seriously??

Consider your sources there, saherbal

http://newswire-24.com/2014/03/07/4827/

Any fan of Glenn Beck is not to be trusted.

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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 18th, 2014, 6:59 pm 
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Joined: November 26th, 2006, 12:15 am
Posts: 3248
mj wrote:
Seriously??

Consider your sources there, saherbal

http://newswire-24.com/2014/03/07/4827/

Any fan of Glenn Beck is not to be trusted.

I didn't say i was a fan i was giving information. Is the information correct is the the question?

_________________
“Freethinkers are those who are willing to use their minds without prejudice and without fearing to understand things that clash with their own customs, privileges, or beliefs. This state of mind is not common, but it is essential for right thinking...” Leo Tolstoy


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 18th, 2014, 7:12 pm 
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Joined: September 20th, 2011, 8:18 pm
Posts: 4181
When the information comes from a knuckle dragger conspiracy site like that then it is safe to assume it is incorrect.
But you don't care about the facts do you. As long as the story fits into your wacko paranoid view of the world you will buy into it.


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 18th, 2014, 8:14 pm 
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True Islander

Joined: December 5th, 2008, 9:54 pm
Posts: 4795
Raiders wrote:
When the information comes from a knuckle dragger conspiracy site like that then it is safe to assume it is incorrect.
But you don't care about the facts do you. As long as the story fits into your wacko paranoid view of the world you will buy into it.


So what is your view on the topic at hand?


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 18th, 2014, 8:16 pm 
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Joined: September 20th, 2011, 8:18 pm
Posts: 4181
The topic at hand is how much gold the Ukraine has. Who cares how much gold they have other than the conspiracy wackos?
It has ZERO to do with what is happening in the Ukraine at the moment.


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 Post subject: Re: Ukraine is among top 50 world gold holders
PostPosted: March 18th, 2014, 8:20 pm 
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True Islander

Joined: December 5th, 2008, 9:54 pm
Posts: 4795
Raiders wrote:
The topic at hand is how much gold the Ukraine has. Who cares how much gold they have other than the conspiracy wackos?
It has ZERO to do with what is happening in the Ukraine at the moment.


Ok,what is your view on what is happening in Crimea now? Who is right,who is wrong and why?


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