Has the U.S. Just Stripped Ukraine of Its Gold Reserves? | GoldSeek

Today the Ukrainian central bank acknowledged that $12 billion of its gold reserves recently was sold under pressure of the war with Russia that began this year:

https://www.gata.org/node/22063

Since Russia began its attack on Ukraine’s non-Crimean territory in February, the United States and its allies have appropriated tens of billions of dollars in military and humanitarian aid to Ukraine.

So why would Ukraine need to sell its gold reserves unless doing so was a condition of all that U.S. and European assistance, especially since the United States already had taken custody of the Ukrainian gold?

Stripping the wounded of their valuables in wartime always suggests greed or desperation — like desperation to keep the gold price down to support the U.S. dollar and other Western currencies..

CHRIS POWELL, Secretary/Treasurer

Has the U.S. Just Stripped Ukraine of Its Gold Reserves? | GoldSeek