Friendship friendship, and money apart? Turkey withdraws gold from the US Federal Reserve

The Central Bank of Turkey withdrew its gold reserve in the amount of 2017 tons of gold from the US Federal Reserve System in 28,7, according to the annual report of the bank, published on its official website.

The report notes that at the end of 2016, the gold reserves of the Central Bank of Turkey, kept in the US Federal Reserve System, amounted to 28,689 tons, while at the end of 2017, there is a dash in the corresponding box.

According to the Milliyet newspaper, the largest Turkish private banks also brought out their gold reserves from abroad by responding to the call of Turkish President Tayyip Erdogan "to get rid of the pressure of exchange rates and use gold against the dollar." Thus, Halk Bankası also transferred gold stored in Turkey in the amount of 29 tons to Turkey. According to sources of the publication, only 220 tons of gold were returned to the country from abroad.

It became known that Ziraat Bankası and VakıfBank (57 and 38 tons, respectively) began the procedures for returning their gold reserves from the UK.

Relations between Turkey and the United States are in crisis because of the support provided by the United States to the Syrian Kurdish self-defense forces, which Ankara considers a terrorist group associated with the Kurdistan Workers Party (PKK), banned in Turkey, RIA News

Comments

[NEXUS]

Yeah ... just check the ingots do not forget, maybe it may turn out that there are nickel rods inside.

[Lord of the Sith]

By the way, Germany has also been producing gold for several years.

And we withdraw the currency of US bonds. Although I think that 2 billion dollars a year with interest is a good income to the budget. With which are built the same schools, nurseries, hospitals and the military budget.

Russia removes reserves from the USA at a record speed

For the third month in a row, Russia has reduced investments in US government bonds and transferred reserves to securities of European countries and to deposits in private banks amid worsening relations with the West and falling prices on the US government debt market.

According to the US Ministry of Finance, for the period from December to February, the manager of the currency reserves of the Central Bank of the Russian Federation sold treasuries by $ 11,9 billion, reducing its investment by 11,2%.

The total amount of gold reserves of Russia has also increased since the beginning of the year - from 431,6 to 453,4 billion dollars, of which 362,4 billion is foreign currency.

The Central Bank is actively replenishing its reserves by buying up dollars, euros and pounds sterling in the interests of the Ministry of Finance, which withdraws from rubles all budget revenues from oil prices above 43,8 dollars per barrel. The barrel is currently trading above $ 74.

[Vard]

Borrowing at two percent ... this is income on American bonds ... and borrowing at ten ... this is income on our bonds ... I don’t know what to call it ... But if I did so, my wife would have killed me right away ...

[Serge Gorely]

The partners sensed something ....

[The black]

It turns out that the Turks will be smarter than ours ...

[NEXUS]

Quote: Black

It turns out that the Turks will be smarter than ours ...

Why's that? As far as I know, we do not store our gold reserves in the USA ...

[Lord of the Sith]

Everything is true since 2007 all gold in Moscow. Another thing is currency reserves spread from Japan to the USA and Canada.

[Lelek]

Quote: Black

It turns out that the Turks will be smarter than ours ..

, Vyacheslav.
The United States and NATO brought Erdogan to a boil with his interventions in Turkey’s internal (and foreign-political) affairs. So I decided to hide my little gold away from sin, the tonnage is not small, but the banker is unpredictable.

[svp67]

Quote: Sith Lord

And we withdraw the currency of US bonds.

And they forgot to say that we are buying up gold at a record pace ... Something is clearly coming on the financial field, and this is most likely to be called - CRISIS, the crisis of the global currency - the dollar. And he is already preparing a replacement, in the form of various cryptocurrencies. The main thing is to take these levers out of the hands of the United States. But all this without blood will not pass

[Lord of the Sith]

We buy gold by the way from our own producers for rubles. Today or tomorrow there will be a report for the month. By the way, we overtook China by reserves - 1889 tons.

[svp67]

Quote: Sith Lord

We buy gold by the way from our own producers for rubles ..... By the way, we overtook China by reserves - 1889 tons.

What can not but cause joy. It’s better to have gold in stock than green candy wrappers

[Lord of the Sith]

Of course. As the March report comes out, I will post all the dynamics of gold purchases for the year 2017 + quarter 2018.

[Lord of the Sith]

But by the way, and the report arrived in time!

Monetary gold reserves in the international reserves of the Russian Federation in March 2018 increased 0,5% (+9,3 tons) and as of April 1 were 60,8 million ounces (1891,1 tons), according to materials of the Bank of Russia.

Earlier in January-February, the bank purchased 43,58 tons of gold, thus the CBR since the beginning of 2018 already purchased in foreign exchange reserves 52,88 tonnes monetary gold.

The cost of gold in reserves for March decreased slightly - by 0,12% - to $ 80,482 billion as of April 1, 2018 from $ 80,582 billion as of March 1. The share of gold in international reserves also decreased - to 17,57% from 17,76%.

Monetary gold reserves in the international reserves of the Russian Federation for 2017 year grew by 13,87% (+ 223,95 tons) and as of January 1, 2018 amounted to 59,1 million ounces (1838,22 tons). In the conclusion 2016 years gold reserves increased by 14,07% (+199 tons) - up to 51,9 million ounces (1614,27 tons). In 2015 year - increased by 17,27% (+ 208,4 tons)up to 45,5 million ounces (1415,21 tons).

The physical volume of gold in international reserves in recent years has grown steadily:
as of January 1, 2007 - 402 tons,
as of January 1, 2008 - 450 tons,
as of January 1, 2009 - 519 tons,
as of January 1, 2010 - 638 tons,
as of January 1, 2011 - 790 tons,
as of January 1, 2012 - 883 tons,
as of January 1, 2013 - 958 tons,
as of January 1, 2014 - 1036 tons,
as of January 1, 2015 - 1207 tons.

[tchoni]

But I’m wondering: our little gold is the same, come on in the states? (well, that of gold reserves and other funds)

[NEXUS]

Quote: tchoni

But I’m wondering: our little gold is the same, come on in the states? (well, that of gold reserves and other funds)

There is no gold of ours in the States ... but there is currency. And it must be pulled out by run from there.

[NEOZ]

Quote: Sith Lord

2 billion dollars a year with interest is a good income to the budget. With which are built the same schools, nurseries, hospitals and the military budget.

there is a small% ... now if we put this money into Sberbank, there is a much higher percentage ... why don’t we put it in Sberbank? ..... because the Fed is safer not to offer ... are there any other options? and if you build schools with the amount, and not with%, then you can build even more !!!!!!

[Chertt]

Quote: NEXUS

Yeah ... just check the bars don't forget

In general, this is a serious bell to other countries holding gold in the United States. The little gold coin isn’t enough for everyone, and who didn’t have time is late

[Detachment 731]

There is already not enough for everyone, so that you can rest and not rush.

[NEXUS]

Quote: Chertt

In general, this is a serious bell to other countries holding gold in the United States. The little gold coin isn’t enough for everyone, and who didn’t have time is late

If the Turks manage to pull out their gold (which I strongly doubt), then there will be a chain reaction to weaning their gold ... and the mattresses understand this ....
Remember how in the film Ivan Vasilievich changes his profession ..?

[Chertt]

Quote: NEXUS

about a chain reaction will go on weaning his gold ... and mattresses understand this ....

The US Federal Reserve has some kind of complex gradation of holder countries. Here, German auditors were not even allowed to check the stored gold, but Dutch were allowed (why?). The Turks boast that they have already taken everything.

[NEXUS]

Quote: Chertt

The US Federal Reserve has some kind of complex gradation of countries holder

I think the matter is the status of the country ... de facto, Germany is an occupied country.

[Vend]

Quote: NEXUS

Yeah ... just check the ingots do not forget, maybe it may turn out that there are nickel rods inside.

Maybe I'm wrong, but apparently the case is moving towards the fact that the United States will press.

[NEXUS]

Quote: Wend

Maybe I'm wrong, but apparently the case is moving towards the fact that the United States will press.

Trying ...

[Vend]

Quote: NEXUS

Quote: Wend

Maybe I'm wrong, but apparently the case is moving towards the fact that the United States will press.

Trying ...

The beginning is always difficult. In the Great Patriotic USSR, at first they fought alone, and in the end, only the lazy did not declare war on Germany.

[NEXUS]

Quote: Wend

and in the end, only the lazy did not declare war on Germany.

Well, yes, I remember .. "And these also defeated us" ...

[RASKAT]

Yeah ... just check the ingots do not forget, maybe it may turn out that there are nickel rods inside.

Not nickel but tungsten, sort of.
This is a serious step on the part of Turkey, probably preparing for sanctions by the West because of the purchase of our Armament. Oh, we still have to knock Turkey out of NATO, it would be generally wonderful.

[NEXUS]

Quote: RASKAT

Not nickel but tungsten, like

Yes ... sclerosis however. Thank you for the amendment.

Quote: RASKAT

Oh, we still have to knock Turkey out of NATO, it would be generally wonderful.

She herself will pop out of champagne cork.

[RASKAT]

She herself will pop out of champagne cork.

It would be wonderful, especially if the West had imposed sanctions against Turkey. It would be possible to overwhelm them with their goods. Machinery, Industrial Equipment, Aircraft, Coal, Ore. fertilizers, Copper, Aluminum, completely push Europe out of the grain market, etc.

[Safevi]

It is not a matter of politics, but a pure economy. Recently, the Turkish lira has depreciated significantly against the dollar. In addition, Erdogan identified significant, billions of investments in Turkish breakthrough projects, in particular on the development of a purely national car and engine building. All this creates pressure on the lyre. Therefore, the government decided so to say. keep all eggs in one basket.

[Dormidont]

All gold is put on the coronation of Moshiach

[Nikolai Petrov]

That's for sure. The first thing that should be done by the Turks, so in the presence of the "holders" of this gold, cut a dozen or two bars. The Chinese have already burned on this.

[Nyrobsky]

Quote: NEXUS

Yeah ... just check the ingots do not forget, maybe it may turn out that there are nickel rods inside.

The Chinese have checked. About three years ago, they were not too lazy to cut an ingot from the USA and found a tungsten ingot under gilding, which has almost the same density as gold, and therefore does not go beyond the specified size of the ingot at the indicated weight.

[Lycan]

Why nickel? Its density is ~ 2 times less than gold. Is it difficult for the Turks to notice?

[Metallurg_2]

Not nickel - tungsten. Nickel is much lighter than gold, there you can understand by weight. And with tungsten - only to cut. The Chinese have already piloted ...

[Andrey Yuryevich]

Turkey withdraws gold from the US Federal Reserve

this is interesting ... the Germans tried, and the French too. we'll see.

[_Ugene_]

there are mere pennies in comparison with the Germans, they will give it without any problems, probably already given

[antivirus]

all that-- the new reserve currency will be invented by the Fed and the dollar is not needed, and power will remain
IT IS NECESSARY TO CHANGE AN ACCOUNT MANAGER

[NEXUS]

Quote: Andrey Yurievich

this is interesting ... the Germans tried, and the French too. we'll see.

In my opinion, the Chinese managed to gnaw 5 tons ... but then a scandal erupted when they found nickel rods inside the ingots.

[NIKNN]

Quote: NEXUS

when nickel rods were found inside the ingots.

I read this ... but when gold depreciates and nickel becomes the leading currency, then the Chinese will be richer than amers ...

[NEXUS]

Quote: NIKNN

I read this ... but when gold depreciates and nickel becomes the leading currency, then the Chinese will be richer than amers ...

Wrong, not nickel, but tungsten ... And the Chinese are richer, given the human unlimited resource and strength of the economy.

[NIKNN]

Quote: NEXUS

Wrong, not nickel, but tungsten ...

I, too, did not pay attention to something, like tungsten., Well, it’s even more expensive. We need to look at how much gold it is cheaper ... Option, the Chinese supplied raw materials for armor-piercing shells.

[NEXUS]

Quote: NIKNN

Option, the Chinese supplied raw materials for armor-piercing shells.

The mattresses apologized and exchanged for gold later. But the Germans weren’t even allowed the audit commission to be deposited .... and there is an opinion that there has not been any gold there for a long time.

[NIKNN]

I don’t remember, it’s like De Gaulle managed to scratch something out, the others were gently persuaded not to spend extra money on transportation ...

[NEXUS]

Quote: NIKNN

I don’t remember, it’s like one De Gaulle managed to scratch something

After that, the dollar was no longer provided with gold.

[Metallurg_2]

After which several assassination attempts were made on de Gaulle, and everything ended with the Parisian Maidan. Coincidence? I don’t think so! (with)

[NIKNN]

Quote: Metallurg_2

Coincidence? I do not think so!

No one thinks. Under De Gaulle, France was not such a prostitute as it is now ... although this ancient profession was held in high esteem there.

[Metallurg_2]

Probably the German Audit Commission about Kanzlerpakt was reminded ...

[NIKNN]

Quote: Metallurg_2

Probably the German Audit Commission about Kanzlerpakt was reminded ...

Merkel realized that she would no longer succeed in being a chancellor, with trembling all over her body, but she began to bleat something ... like we might get out of sanctions, but she asks and doesn’t make a decision ...

[helmi8]

Quote: NIKNN

I didn’t pay attention either, so definitely tungsten., Well, it’s even more expensive

It was necessary to distribute lead - cheap and cheerful.

[NIKNN]

Quote: helmi8

It was necessary to distribute lead - cheap and cheerful.

The tungsten turned out to be the same. Archimedes smoked nervously when he found out that it was impossible to detect it with tungsten in gold ... But other metals were easily weighed in water and without ..

[helmi8]

Quote: NIKNN

tungsten in gold cannot be detected

Yes mattresses on the tulumbas - discovered or not. Weight is the same - take a walk. They have already surpassed the borzometer for a long time and for a long time. This is treated only by surgical methods. In another way - no chance to reason them.

[NIKNN]

Quote: helmi8

Yes mattresses on the tulumbas found or not. Weight is the same - take a walk. They have already surpassed the borzometer for a long time and for a long time. This is treated only by surgical methods. In another way - no chance to reason them.

Yes, this is a clinic, now they would just send it, and then they just tried to ... deceive in general ... they then considered themselves the most intelligent, they now have nothing to be proud of besides arrogance ...

[NEXUS]

Quote: NIKNN

then they still considered themselves the most intelligent, now it’s nothing to be proud of besides arrogance ...

Guys, the matter is not only in gold, it is necessary to withdraw money from those regions, moreover, by running.
There, Nazarbayev, because of these accounts, is quietly bending to the USA.

[NIKNN]

Quote: NEXUS

Guys, the matter is not only in gold, it is necessary to withdraw money from those regions, moreover, by running.

I brought my own ..

There, Nazarbayev, because of these accounts, is quietly bending to the USA.

Do not go to a fortuneteller!

[Antares]

Quote: NIKNN

when gold depreciates and nickel becomes the leading currency, then the Chinese will be richer than amers ...

while in the entire history of mankind, gold has confidently occupied the podium of the Measure of value, and has not lost value.

[NIKNN]

Quote: Antares

while in the entire history of mankind, gold has confidently occupied the podium of the Measure of value, and has not lost value.

Yes, I see ... I reassured the Chinese ...

[vkl.47]

France, if I’m not mistaken as early as 70, deduced everything. The movement began even with the degole. What did the Americans give him a maidan?

[helmi8]

Quote: vkl.47

France, if I’m not mistaken as early as 70, deduced everything. The movement began even with the degole. What did the Americans give him a maidan?

1964 year. This was the first "color revolution". DeGoll called for abandoning the dollar and returning to gold settlements, as it was before.

[Hagalaz]

It is also necessary to check whether tungsten is colored.

[rotmistr60]

its gold reserve of 28,7 tons of gold

And before that, Turkey did not have enough space to keep its gold reserves? It seems that looking at Turkey and others who have entrusted their gold to the United States, they will follow her example. Too unreliable "partner" of the United States - today they gave the floor, tomorrow they took it.

[aszzz888]

rotmistr60 (Gennady) Today, 12: 29 ... Already too unreliable "partner" of the United States - today they gave the floor, tomorrow they took it.

! mericatos will bargain ...

“Money in advance,” said the fitter, “in the morning - money, in the evening - chairs or in the evening - money, and the next day in the morning - chairs.”

[Masya masya]

who is next?

[XXXIII]

Quote: Masya Masya

who is next?

Iran....

[XXXIII]

In preparing a physical gold alternative to the US dollar, Russia increased its gold reserves by 280% from the first quarter of 2006 to the second quarter of 2016 (from 386.5 tons to 1,498.7 tons), while for China this figure increased over the period by 203% (from 600 tons to 1,823.3 t). China is invariably opaque about its activities in the gold market.
Based on Chinese production volumes and reliable data on gold exports from Hong Kong and Switzerland to mainland China, there is reason to conclude that the current size of Chinese gold reserves is almost 4,000 tons - that is, it has grown by 567% since 2006. A comparable growth rate for Turkey is 308%. There is no reliable data for Iran, however, a significant amount of gold is exported from Turkey and Dubai to Iran and there is reason to believe that Iran is also a growing gold power relative to the size of its economy. Russia, China, Turkey and Iran represent the new Golden Axis, ready to undermine confidence in the US dollar.

[Nyrobsky]

Quote: Masya Masya

who is next?

For withdrawal, or for refund? The last cases of seizure of gold by mattresses were from Gaddafi, then 10 tons were recovered from Cyprus. Now the turnips are being scratched from someone else to pick up, as the line of people wishing to return gold from American vaults to their homeland is growing.

[aszzz888]

And the most interesting is whether the merikatos will be given back. They will begin to "persuade" the Turks to leave for IMPROVED storage at home ...

[Hagalaz]

And it is advisable to spend it on Patriots .....

[aszzz888]

Hagalaz (Roman) Today, 12: 38 ↑
And it is advisable to spend it on the Patriots ..... wassat

Or they will count the mericatos - and the Turks will have to, for storage ...

[SlavaS]

I carry everything with me, everything is right

[XXXIII]

Friendship friendship, and money apart? Turkey withdraws gold from the US Federal Reserve

But how can we not deduce that the Russians sell S-400 only for gold ....

[sib.ataman]

Our grandmothers should be with our grandfathers and children, and not hang around different foreign lands!

[slavaseven]

The good news

[Proton]

Like the Turks, then Amer under his breath , hap, all 29 tons and in the hole, mattresses in horror

[Vitaly Anisimov]

Quote: Proton

Like the Turks, then Amer under his breath , hap, all 29 tons and in the hole, mattresses in horror

For that kind of money, they will kill Erdogan in the near future and even the Russians will not save him ..

[Vitaly Anisimov]

Turkey risks such actions EVERYTHING .. The Rothschild and Rockefeller Clan will not forgive!
We have our gold mines in Russia .. robbed, but some still remain in the country!

[CAT BAIYUN]

Well, if the ingots are not bullshit, then, you look, they will take their own .. But something tells me that there will still be a scandal.

[ALEKSEY]

The only news is that in the report opposite the line “gold reserve” there is a dash. The rest is blah blah blah. It will be interesting to find out later, for example, that Turkey did not export anything, and the United States seized the metal in its favor. Or they paid for something.

[gukoyan]

Has the plan to abandon the dollar come into effect?

[Oleg Kozlov]

Turks are well done. But our heads, financial, Nabiulino-Kudrinsk and Silanovo-Oreshkinsk, clearly think in the opposite direction. They would just the opposite, take everything there, to the West, to the West, and of course to the USA

[Lerych]

Tungsten in a gold wrapper, did not slip, as the Chinese? And then the Turkish "gold" even few tourists are interested. In addition to the splendor for a week, for short-sighted women - nothing ...

[Lerych]

The old question is, does America have this gold? Someone conducted an audit there? How many kilograms can you buy for 1 dollar, where and how?

[Antares]

Quote: Lerych

The old question is, does America have this gold? Someone conducted an audit there?

Gold reserves of about 60 other states are partially or fully stored in the USA. The volume of these reserves is not published in the press. Basically, this gold (about 7000 tons) is located in the underground storage of the Federal Reserve Bank in New York. The United States avoids a real audit of these and its reserves, which is the source of various theories.
The maximum gold reserve in the EU. Russia is in 5th place, but according to Chinese data (which has not been around for 2 years) it is not known how many they have at the moment.
Audit in the USA is not good. Promises Trump this time.
The United States produces a lot of gold (entering the top three miners), but the demand for gold is simply great.
Nevada - over 80% production.

[senima56]

I wonder how much time is allotted to Erdogan? I think in the course of the year another “color revolution” can happen in Turkey! The first was De Gaulle, he withdrew the gold reserves of France from the United States and slowly “leaked” it .... And when the head of the IMF said that “we must move away from the domination of the US dollar ...” he (suddenly) slipped a prostitute into a hotel room and also "leaked." So Erdogan may be the next.

[faterdom]

Well, you won’t take Erdogash’s prostitutes or students, but the physical presence of Turkish gold under the roof of Russian S-400 complexes is much more reliable than its physical presence in the United States under the promises of the Patriots. Here, as they say, a crane under a bed instead of a medical duck in the sky.

[Grizzly]

Hands off the PKK, Shashi cannot support the communists by nature, fairy tales

[Totah155]

The Turks have long been, as it were, not quite friends.
After the sultan on the throne.